Payables and Cash Management - EBS (MOSC)

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Payables- Tax and exchange rate variation

edited Sep 16, 2009 2:44PM in Payables and Cash Management - EBS (MOSC) 6 commentsAnswered
 Payables 11.5.10
 Hi
I have the following problem.
A week ago, i have entried an invoice for 1 euro (exchange rate at that time was 1 euro - 1 dollar). At that moment i had to pay 0,80 plus 0,20 dollars of taxes (0,20%)
Today i want to pay that invoice but the exchange rate now es 1 euro - 2 dollars. So i have to pay a total of 1,6 plus 0,40 dolllars of taxes.
What i want is to account, the 0,80 dollars difference (0,8 - 1,6= -0,8) to a gain/loss exchange rate variation account, and the 0,20 difference (0,20 - 0,40 = -0,20) to the tax account.
Is it possible????

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