Example: Slight Rounding Differences Recorded by the Payment Post

In this example, a slight rounding difference is recorded on a foreign currency payment. The exchange rate is 1 USD = 1.59570 CAD.

A Canadian company enters three foreign currency vouchers for 750.00 USD each (1,196.78 CAD each). The Canadian company issues payment for 2,250.00 USD (3,590.33 CAD). When the company applies the domestic payment amount (3,590.33 CAD) to the domestic vouchers (1,196.78 Ã 3 = 3,590.34 CAD), the system records a slight rounding difference of –0.01 CAD.