Calculation method

Select a method to calculate exchange differences from the following options:

• Standard– The exchange adjustment is calculated according to the exchange adjustment on the day of invoice and the day of payment. If the documents were revaluated in previous periods, then the adjustment amounts are reversed.

• Incremental– The exchange adjustment is calculated based on the incremental rates.

• Period grand total– The exchange rate is calculated according to the difference of rates on the invoice date and the payment date in the period of registration that is first stated in the document. In future periods, the exchange rate is calculated according to the difference of exchange rates on the day of the last revaluation of the previous period and the current voucher. Revaluation transaction reversal in previous periods is not carried out.

Extended setup

Select this check box to set up additional parameters for exchange adjustment.

Note
This check box is available only if you select Incrementalor Period grand totalin the Calculation methodfield. If you select this check box, additional tabs appear on the Exchange adjustmenttab in the Exchange ratesform for posting of exchange adjustment for customers and vendors.

Advance revaluation cancelation

Select this check box to reverse exchange adjustment during advance settlement.

Note
This check box is available only if you select Incrementalor Period grand totalin the Calculation methodfield.