How to adjust GL Exchange rate for BP

[Former Member]

BP currency in GBP when customer paid balance is NIL but due to exchnage variation Foreing currency EURO shows balance in the GL account. How to adjust this amount and make the balance as zero?

[Former Member · Accepted solution]

You could also use the "Conversion differences" and "Exchange Rate Differences" to correct these issues. You wiull find these under Financials Menu

[Former Member · Accepted solution]

Hi all,

Can some explain it more in detail on BP recon. as mentioned here?

I am facing a problem with the exchange difference and BP balance ledger appear in account balance screen when the BP is transact in FC and paid in LC with partial payment.

Thank you.

Regards.

Joan.

[Former Member]

You will have to use 'BP Reconcillation' and post a Balancing Transaction for the amount.