Apply a Payment in Foreign Currency to an Invoice in LCY

niimodin
niimodin Member Posts: 142
Hello Experts
Is it possible to Apply a Payment in Foreign Currency to an Invoice in LCY.
Thanks

Comments

  • Prime
    Prime Member Posts: 3
    niimodin wrote:
    Hello Experts
    Is it possible to Apply a Payment in Foreign Currency to an Invoice in LCY.
    Thanks


    Yes it is possible

    In your Sales and Receivables Set Up, the field "Appln. between Currency" should be on "All".

    Good luck
  • niimodin
    niimodin Member Posts: 142
    Thanks so much.

    It worked perfectly
  • niimodin
    niimodin Member Posts: 142
    How will I setup so that the Currency Gain/Loss be posted automatically in the G/L Accounts