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The amount outstanding on the Supplier shows in the FX currency as well as the system base currency.
Creditor Invoices for FX Purchase Orders that have a deposit the same as the final invoice amount
When an invoice is created for a PO with
- FC total prepaid
- and small local currency balance
- then create a creditor general journal to transfer the local balance from Trade Creditors to Write Off (small) GL account.
- The amount will be allocated between the 2 journals and both will be marked as fully allocated.
Manual small local amount write off for any FX Creditor invoice
If a creditor invoice is
- in a foreign currency
- the foreign currency balance is zero
- the local currency balance is not zero (might be credit or debit)
- and the open amount equals the local currency balance then the Action menu will have an option to 'Write off small local currency balance'. Choosing this will create a journal as described above.
Creditor invoices for Shipping Agents (that include 100% GST lines)
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