Dear Experts,
SAP B1 Version 8.82, PL09.
Company Setting: Local Currency = USD and System Currency = SGD
1) Create an A/P Invoice in USD
Exchange Rate = 0.809061
Local Currency = USD 27,420.00
System Currency = SGD 33,891.14
Please refer to AP Invoice Journal Entry.jpg file.
2) Create an Outgoing Payment in USD
Exchange Rate = 0.805153
Local Currency = USD 27,420.00
System Currency = SGD 34,055.64
Please refer to Outgoing Payment Journal Entry.jpg file
There is a different in System Currency (SGD 33,891.14 - SGD 34,055.64) = - SGD 164.50
With a lot of such transaction created in the system, the different amount becomes significant.
I am aware that in SAP B1 Version 9.0, there is a Conversion Exchange Gain/Loss setting in G/L Account Determination, therefore upgrade to 9.0 will be the solution. But before that, how can we correct the wrong data that currently 8.82 company database?
Please help.
Thanks.
Regards,
Lay Chin