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Base Currency Adjustment
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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