The company receives an invoice in US dollars from a multicurrency vendor and posts it in SAP Business One at an exchange rate of 1.5 US dollars to 1 euro, the company’s local currency. The vendor pays the invoice in euros, at an exchange rate of 1 euro to 2 US dollars. The bank statement is received and shows that the outgoing payment has been cleared. You enter the relevant transaction row in the Bank Statement Details window and match it to the payment amount. When the bank statement is finalized, the posting is transferred to the bank G/L account and the exchange rate difference posted to a separate G/L account.

(1) Invoice

(2) Payment