Claim Investigation for Foreign Currency Receipts.
Hello,
We are in 11.5.10 and use AR and Trade Management.
We have foreign currency receipts for which we create claim investigation lines as part of the Lockbox Process.
I am seeing something weird in the receipt accounting for the claim investigation line & I wanted to know what is the standard around this.
Consider the below example:
Receipt # 0000053989
CAD Amount: 3,630.07
USD Amount (Functional Currency): 3,773.46
Exchange Rate: 1.0395
Claim Investigation Line created for CAD: (1,167.60)
When the Receipt is created below is the accounting entry:
|
Line Type |
Account |
Debit (USD) |
Credit (USD) |
Entered Curr |
Entered Debit |
Entered Credit |
|
Remittance |
100.000000.114100.000.0000 |
3,773.46 |
|
CAD |
3,630.07 |
|
|
Unapplied |
100.000000.115100.000.0000 |
|
3,773.46 |
CAD |
|
3,630.07 |
When the claim investigation line is created below is the accounting entry: