Residual Accounts

Madiya

what transactions will affect the residual gain or loss account. i dont understand these two accounts in navision because if you use a foreign currency its either you have a realized foreign gain or loss or an unrealised foreign gain or loss and this in my view covers everything. so when will you or the system post to those(residual) g/l accounts. can somebody out there please help me with this. What i am asking is what is the residual gain or loss.

jkiss

You are asked for filling those acconutns when you set up the aditional currency for reporting.

Madiya

thanks for replying but what are those accounts used for. what is a residual gain or loss.

ssingla

Help says :

Residual amounts can arise when the program rounds debit and credit amounts that have been converted from LCY to an additional reporting currency.

Madiya

I thought that is being handled by the Conv. LCY Rndg.Debit and Conv. LCY Rndg.Credit accounts.