Manually Reconcile Foreign Transaction with Variance
How can I manually reconcile the transaction with the statement line and apply the variance to the Charges/Loss account like would happen when autoreconciliation tolerance is specified to hit Gain/Loss Account?
Example.
Functional Currency is USD
Invoice = 100 Euro
Payment = 100 Euro or $140(comes to CE and is available in USD for reconciliation)
Bank Shows Activity for $138.
This scenario would not autoreconcile because of the 2$ variance. I would like this $2 to hit the gain/loss account when I manually reconcile. When I click the RECALCULATE button, nothing happens and the variance remains.