Supplier has cashed a foreign currency check from bank .. due to wrong foreign rate against function

Hi,

What is the best practice to handle below scenario in R12 Ebusiness Suite that doesn't affect neither Payables nor Cash Management when bank statement reconciliation process?

Supplier has cashed the a foreign currency check from bank .. due to wrong rate against functional currency we cancelled check and invoice in R12 Ebusiness Suite then correct the daily rate of the foreign currency against the functional currency then re-create a new invoice and a new payment check that won't be cashed by the supplier once again.

What consequences that would have on Payables and Cash Management especially during bank statement reconciliation process?