Difference between A/P Aging summary and Vendor balance summary
Does anybody know why there is home currency difference for foreign vendors between A/P Aging summary and Vendor balance summary?
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4 Replies
qbteachmt
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09/23/09 11:37am PDT
I moved your question to this MultiCurrency subforum, since this is a special problem, not really a Vendor problem. You should get good help here.
If this post answers your question, please give a "thumbs up" or mark this Solved to let others know about it.
RichardTorian
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10/02/09 5:06pm PDT
Hi EricChen,
I am unclear what you mean by “home currency difference”.
Do you mean that a vendor has a difference balance on the two reports?
Richard
10/12/09 2:54pm PDT
Check the Credit and Debit Total of the transactions we found an undocumented BUG for some Foreign transaction. WE found transactions that were not balanced. Our solution is to register the transactions again. Make sure the split information (The counter part, in the documents) in the transaction is OK.
11/16/09 6:30am PST
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check to see if you have used the same exchange rate for the bill and the bill payment. If not, change the exchange rate on the bill to match the exchange rate on the bill payment - especially if you have paid by credit card. Since the credit card bill payment must match the credit card statement, you have to change the exchange rate on the bill. Same goes for A/R. Invoice and payment have to be the same exchange rate. Only then will your foreign A/P & A/R aging summaries match the totals on your Trial Balance.
