Example: Slight Rounding Differences Recorded by the Receipt Post

In this example, a slight rounding difference is recorded on a foreign currency receipt. The exchange rate is 1 CAD = 0.73429 EUR.

A French company enters three foreign currency invoices for 1,250.00 CAD each (917.86 EUR each). The company receives payment for 3,750.00 CAD (2,753.59 EUR). When the company applies the domestic receipt amount (2,753.59) to the domestic invoices (917.86 Ã3 = 2,753.58 EUR), the system records a slight rounding difference of + 0.01 EUR.