Prerequisites

Before you complete the tasks in this section:

• Ensure that these automatic accounting instructions (AAIs) are set up:

  • PGxxx: Foreign currency realized gains.

  • PLxxx: Foreign currency realized losses.

  • P7xx: Alternate currency payment clearing account.

• Activate the processing option that allows you to enter alternate currency payments in the A/P Manual Payments program (P0413M). After you activate this processing option, you can access the Alternate Currency Entry form, which is used to enter manual payments in an alternate currency.