Accounts receivable in different currency

Hi

How can i enter a payment in US $ and the invoice in is Canadian $ in process cash receipts?

Its giving me an error in posting.

Thank you.

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  • 0

    Are you sure that you are getting an error or is it just a warning?

    I just tried the following on version 7.5.4:

    1. Used Process Invoices screen to post an invoice for 1,000 CAD
    2. Used Process Cash Receipts screen to post a cash receipt for 800 USD and applied it to the invoice from previous step
    3. I get the following warning during posting, but it still allows me to post: "Acct XXXX-XXX - Doc Curr CAD is not the same as Home Curr USD. Will post in Home Curr USD."
  • 0 in reply to Tim Rodman

    Hi Tim

    Thank you for your respond.

    Still having problem, I follow your suggestion.

    1. I used US$ instead of canadian dollor in process invoices for 1,000.00 US$

    2. I used process cash receipts screen and I am trying to post 1,100.00 Canadian Dollar (100 is for     exchange).

    When i am trying to apply the 1,100 canadian dollar to my invoice in 1,000 US. it show a message of INVOICE BALANCE CANNOT BE NEGATIVE.

    What am i doing wrong?

    Thanks

Reply
  • 0 in reply to Tim Rodman

    Hi Tim

    Thank you for your respond.

    Still having problem, I follow your suggestion.

    1. I used US$ instead of canadian dollor in process invoices for 1,000.00 US$

    2. I used process cash receipts screen and I am trying to post 1,100.00 Canadian Dollar (100 is for     exchange).

    When i am trying to apply the 1,100 canadian dollar to my invoice in 1,000 US. it show a message of INVOICE BALANCE CANNOT BE NEGATIVE.

    What am i doing wrong?

    Thanks

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