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Exchange Rate Variance in Secondary Ledger for Accrual Clearing

in Costing 4 comments

Hi Experts,

We have noticed an exchange rate variance in our secondary ledger (USD) when we clear accruals for old Purchase Orders which is resulting in a balance leftover in our Accrual Account in the secondary ledger.


Is this the system behavior or is there any action we should take to able to setoff these variances?


E.g. scenario: (Primary ledger is in CAD, Secondary is USD)
Purchase Order is Received and Invoiced in June 2021
Accrual Clearing was done in May 2024.

The Accrual Account entry in the Secondary USD Ledger shows a balance which seems to be due to exchange rate variances

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