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When we export we can face an exchange rate gain or loss in our collections. Can the software track which collected receivables had gains and which collected receivables had losses?

April 26, 2017collected collections exchange rate export Face gain loss receivables Software track

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When we export we can face an exchange rate gain or loss in our collections. Can the software track which collected receivables had gains and which collected receivables had losses?

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Yes, in the Accounts Receivable module the Collected Receivables Adjustment menu option tracks the exchange rate gains or losses for each invoice in each foreign currency and automatically creates the journal entries and adjusts the customers’ balance in “home currency” (Yen).