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Base Currency Adjustment

edited Jun 2, 2025 2:49PM in Ask A Guru 3 comments

Hello,

My customer have the base currency SEK, and a bank account in NOK.

They receive a big payment each quarter which they exchange some days later into SEK. Since the amount it

Received 24.000.000 NOK exchange rate 0,9668

Selling 24.000.000 NOK exchange rate 0,970095

NOK Balance = 0 of these two transactions, SEK balance -79.080

If the balance would remain 0, the base currency adjustment would be created for this 79.080SEK. BUT, the problem is that they receive some minor interest on the bank account which is not exchanged immediately. This means that the base currency adjustment is not created since the NOK balance is not equal to 0.

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