You can use the Exchange adjustmentform to calculate the exchange rate difference for a vendor. The exchange adjustment is calculated at the end of the period according to the rate specified at the period end date.

1. Click Accounts payable> Periodic> Exchange adjustment> Exchange adjustment.

2. In the Methodfield, select the Standardmethod.

3. In the Considered datefield, select the date to adjust the open transaction. The same date is used to post the adjusted transaction.

4. In the Date of ratefield, select the date that determines the exchange rate to be used to revalue the voucher.

5. In the Transaction textfield, enter the text that describes the exchange adjustment transaction.

   Note
   If this field is left blank, then it is automatically filled with the standard text for exchange rate correction, and the number of the revaluated document.

6. In the Notesfield, enter any additional information about the transaction.

7. In the Use posting profile fromfield, select the posting profile from the following options:

   • Posting- The profile of the posted open transaction is used for the exchange adjustment.

   • Select- The profile selected in the Posting profilefield is used for the exchange adjustment.

8. In the Posting profilefield, select the posting profile to be used for exchange adjustment calculation.

   Note
   If you select a posting profile in the Use posting profile fromfield, the exchange adjustment transaction is based on the posting profile in that field.

9. In the Dimensionfield, select the dimensions that are posted to the exchange adjustment transactions from the following options:

   • None– In the exchange adjustment voucher, the line dimension is not dependent on the dimension in the original voucher.

   • Table– In the exchange adjustment voucher, the line dimension is inherited from the dimension of the vendor account.

   • Posting– In the exchange adjustment voucher, the line dimension is inherited from the dimension in the original voucher.

10. Select the Printcheck box to print the report.

11. Click OKto open the Vendor – Exchange adjustmentform.

12. Click Selectto specify the criteria for exchange adjustment, if required.

13. Click OKto revalue the selected transaction.

14. In the Exchange adjustmentform, click Voucherto open the Voucher transactionsform to view the resulting ledger transactions for exchange adjustment.

15. Press CTRL+S or close the form.

16. In the Exchange adjustmentform, click Transactionsto open the Vendor transactionsform to view the resulting vendor transactions for exchange adjustment.

17. Press CTRL+S or close the form.

18. In the Exchange adjustmentform, click Simulationto open the Vendor - Exchange adjustment simulationform.

    Note
    This button is available only if you select Standardin the General ledger parametersform, in the Calculation methodfield on the Ledgertab.

19. In the Methodfield, select a method for exchange adjustment.

20. In the Considered datefield, select the voucher posting date.

21. In the Date of ratefield, select the exchange date.

22. Click Selectto define the vendor account, currency, and fixed rate.

23. Click OKto display the vendor transaction details in the Vendor - Exchange adjustment simulationform.

24. Click Parametersto specify the report output.

25. Click OKto generate the Exchange adjustment simulationreport.