1. Multicurrency Processing Implementation Guide
  2. Alternate Currency Gain/Loss

Alternate Currency Gain/Loss

The alternate currency gain/loss is + 0.30 CAD. This amount is calculated using exchange rates on the payment date. It is based on the difference between converting the alternate currency directly to the domestic currency and converting the alternate currency to the foreign currency to the domestic currency.

575.07 EUR Ã 1.38176 = 794.61 CAD

(575.07 EUR Ã 0.86980 = 500.20 USD) Ã 1.58798 = 794.31 CAD

794.61 − 794.31 = + 0.30 CAD