Hello Expert,
I’ve been trying to find the solution for EBS- Foreign currency payment & collection and couldn’t find the feasible solution, hence
need your expertise advice.
My requirement as below.
I have 3 invoice for one vendor as below
- 2000 INR
- 1000( USD) @62.605
- 1000(USD) @62.605
PAYEMNT WITH GAIN
We made the payment to vendor in INR currency on November 06th 2013 with currency rate as 61.505, hence realized foreign currency gain occurred as below.
1 50 GL Payment A/C 125,010.00- INR
2 25 ABC Vendor 61,505.00 INR
3 25 ABC Vendor 2,000.00 INR
4 25 ABC Vendor 61,505.00 INR
5 50 ******(GL) Realised Foreign Cur 1100.00 INR
6 50 *****(GL) Realised Foreign Cur 1100.00 INR
E-BRS While doing Electronic bank statement (E-BRS-FF_5)) System is passing below entries.
1 50 *****(GL) Main A/C 125,010.00- INR
2 40 ****(GL) Payment A/C 125,010.00 INR
3 40 *****(GL) Realized Forex Loss 1,100.00 INR
4 40 *****(GL) Realized Forex Loss 1,100.00 INR
5 50 *****(GL) Realised Foreign Cur 1,100.00- INR
6 50 *****(GL) Realised Foreign Cur 1,100.00- INR
PAYEMNT WITH LOSS
However if we have similar issue where the loss occur, system is passing below entries. Could you please suggest what would be the reason for
the same? There is no specific customization in respect to BRS for foreign currency gain or loss. Hence couldn’t able to determine the reason for
different behavior of system.
Payment to vendor.
1 50 GL Payment A/C 125,010.00- INR
2 25 ABC Vendor account 2,000.00 INR
3 25 ABC Vendor account 60,000.00 INR
4 25 ABC Vendor account 60,000.00 INR
5 40 GL Realized Forex Loss 1,505.00 INR
6 40 GL Realized Forex Loss 1,505.00 INR
E-BRS system passed below entries while doing FF_5
1 50 GL Main A/C 125,010.00- INR
2 40 GL Payment A/C 125,010.00 INR
Please let me how to configured the system to determine the same solution as we get in case of losses.
Best Regards,
Jain