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Forex Currency on Open RCT

Forex Currency on Open RCT

Owned by Jia Pei Chan
2021-Aug-04
3 min read

EMP Configuration

Menu Path: Control Panel > System Admin > EMP Configuration > Customer > Advanced Options

  1. Show Forex Currency in Settle Document (Tick) Enable

  2. Forex Gain/Loss

Forex Gain/Loss (Untick)

Compulsory (Untick)

Settlement / Collection

  • Menu path: Customer > Tasks > Settle Document / Create Deposit

  • e.g: Currency Base = USD 4.15

 

Create Invoice

  • Menu path: Trading > Sales > Create Invoice

  • e.g: Currency Base = USD 4.13

Contra the Open Receipt with Invoice

  • Menu path: Customer > Tasks > Open Deposit Settlement

Check the transaction in AR Ledger

  • Menu path: Customer > Task > AR Transaction

  • the Credit Memo auto-created for forex gain

Journal for CM

Related Documents for RCT

Related Documents for INV

 

Forex Loss

Settlement / Collection

  • Menu path: Customer > Tasks > Settle Document / Create Deposit

  • e.g: Currency Base = USD 4.00

Create Invoice

  • Menu path: Trading > Sales > Create Invoice

  • e.g: Currency Base = USD 4.15

Contra the Open Receipt with Invoice

  • Menu path: Customer > Tasks > Open Deposit Settlement

Check the transaction in AR Ledger

  • Menu path: Customer > Task > AR Transaction

  • the Credit Memo auto-created for forex loss

Journal for CM

Related Documents for RCT

Related Documents for INV

 

 

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