Understanding the Post Process for Foreign Currency Invoices

After you enter, review, and approve foreign currency invoices, you must post them.

When you post foreign currency invoices, the pre-post for the Invoice Post program retrieves the accounts receivable offset method from the Accounts Receivable Constants program (P0000). If the offset method is B (batch), the system verifies that no foreign currency invoices are in the batch. If at least one foreign currency invoice is in the batch, the pre-post changes the offset method for the batch to S (pay item) and continues processing. The pre-post does this because you cannot post using offset method B if one or more invoices in a batch are in a foreign currency.

The General Ledger Post program (R09801) performs the tasks described in this table, regardless of whether you use multicurrency processing. Information specific to posting invoices in a multicurrency environment is described under Multicurrency Considerations.

Task Performed by Invoice Post	Multicurrency Considerations
Selects unposted invoices from the F03B11 table.	None.
Verifies that a corresponding F0911 record exists and that the amount balances to the invoice amount.	None.
Verifies that the batch has an approved status.	None.
Creates automatic offset entries to debit the accounts receivable trade account in the F0911 table.	Creates automatic offset entries to debit the accounts receivable trade account for the AA (domestic) and CA (foreign) ledgers in the F0911 table.
Detailed currency restatement does not apply to non-multicurrency environments.	Updates the alternate currency ledger (XA) and, if applicable, the YA and ZA ledgers and produces a separate post report if you enter a version of the Detailed Currency Restatement program (R11411) in the processing options.
Updates account balances in the F0902 table.	None.
Updates invoices to a posted status D in the F03B11 table.	None.
Updates corresponding records to a posted status P in the F0911 table.	None.
Updates the batch control record to a posted status D in the F0011 table.	None.