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Object documentationConversion Differences Window Locate this document in the navigation structure

 

This window displays conversion differences templates according to your defined criteria.

Conversion Differences Window
Execution Date

Displays the date until which conversion differences are calculated. This date is entered in the selection criteria window.

Details on Transactions

Use this section to determine the following details pertaining to the conversion differences transactions you choose to execute.

  • Ref. 1 – Specify the details to display in the Ref. 1 field of the transactions.

  • Code – Choose the required transaction code. The description of the code is displayed automatically in the Remarks field. To define a new transaction code, choose   Administration   Setup   Financials   Transaction Codes - Setup  .

  • Remarks – Enter the remarks you want displayed in the Details field of the journal entry.

  • Auto. Remarks – Select to automatically display the text Conversion differences for (currency name) in the Details field of the journal entry.

  • Auto Reverse – Select to automatically create a reverse transaction for the conversion differences transaction, and enable the Reversal Date field, where you specify the date for the reverse transaction.

App.

Select the checkbox of each transaction you wish to execute.

Code, Name

The details of the G/L account or business partner to which this row refers.

Balance (SC), Balance (LC)

The balance of the G/L account or business partner, displayed in the system currency and the local currency.

Converted Balance (SC)

Displays the balance of the G/L account or business partner in system currency, calculated by the following formulae:

  • With the Direct exchange rate posting option: Converted Balance (SC) = Balance (LC) / Exchange Rate

  • With the Indirect exchange rate posting option: Converted Balance (SC) = Balance (LC) * Exchange Rate

Difference

Displays the difference (in the system currency) between the amount in the Converted Balance (SC) column and the amount in the Balance (SC) column.

This is the amount caused by the difference of the system currency exchange rate between the report execution date and the document posting date.

Add

Creates the selected transactions and adds them to the database.

Save

Saves the recommendations displayed in this window as a draft, without creating journal entries.

Reject All, Approve All

Choose to clear the selection you made or to select all the transactions.

More Information

Conversion Differences