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The report totals the gain and loss for each payment and calculates the amount you can adjust your general ledger balance for each combination of gain/loss accounts. In some accounting practices, you are required to make this adjustment to avoid inflating your gain/loss accounts.
Loss Accounting Flexfield. Loss account you use for the bank that disbursed funds.
GL Date. GL Date of the payment.
Payment Number. Payment number for the payment. For example, check number.
Currency. Payment currency.
Transaction Number. Invoice number of the invoice, prepayment, or credit/debit memo paid by this payment.
Transferred Gain. Amount of currency gain due to the difference between the invoice exchange rate and the payment exchange rate.
Transferred Loss. Amount of currency loss due to the difference between the invoice exchange rate and the payment exchange rate.
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