Understanding How to Process Automatic Debits in a Foreign Currency

You process automatic debits to record the withdrawal of funds from a customer's bank account. To create a batch of automatic debits in a foreign currency, specify foreign currency in the Currency Mode processing option and the currency code in the data selection of the Create Automatic Debit Batch program (R03B571). An automatic debit batch can contain only one currency.

The currency of the invoices that you process must be the same as the currency of the bank account if the GL bank account is a monetary account. For example, if you process automatic debits in a foreign currency of Canadian dollars (CAD), the currency of the GL bank account must also be CAD.