Posting in Foreign currencies and Cash Receipts

RoccoP
RoccoP Member Posts: 3
edited 2013-03-20 in NAV/Navision Classic Client
I have a client who has customers that pay in British Pounds.

I believe the currencies are all setup correctly.

When I post a sales invoice for 130 british pounds, it hits the g/l in the local currency of 195 (I'm using an exchange rate of 1.5 for testing purposes).

My client has a british bank setup linked to the GBP currency, same as the customer.

Customer pays with a cheque for 130 British Pounds.

However, when i do my cash receipt, the system is recording the 195 LCY as british pounds.

When I post the cash receipt, the affect on my bank is 195 LCY and 292.5 British Pounds???

Anyone have any idea what I may be doing wrong?

Comments

  • MMV
    MMV Member Posts: 99
    Hi RoccoP,

    which version of Navision you are using? Is there any customization in the Posting routine?
  • RoccoP
    RoccoP Member Posts: 3
    I am using Microsoft Dynamics NAV 2009 R2.
    There have been some modifications in the posting routine but nothing to do with currencies.

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