<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000013" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Realized currency differences</Title>
		<Keyword><Level1>Currency</Level1>
			<Level2>realized differences</Level2>
		</Keyword>
	</Header>
	<GeneralSection><Paragraph>Realized <Link href="/baanerp/tf/glossary/glossary#CurrenDiffer.tf" role="glossary">currency differences</Link> are final currency differences calculated over paid invoices.</Paragraph>
		<List><ListIntro>Realized currency differences can originate from the following sessions:</ListIntro>
			<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg2100s000" role="session">Bank Transactions (tfcmg2100s000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg2103s000" role="session">Reconciliation of Receipts/Payments (tfcmg2103s000)</GUIRef> and <GUIRef href="/baanerp/tf/cmg/tfcmg2104s000" role="session">Reconciliation of Receipts/Payments (tfcmg2104s000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg2105s000" role="session">Assign Unallocated/Advance Receipts to Invoices (tfcmg2105s000)</GUIRef> and <GUIRef href="/baanerp/tf/cmg/tfcmg2106s000" role="session">Assign Unallocated/Advance Payments to Invoices (tfcmg2106s000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/acp/tfacp2121s000" role="session">Assign Invoices to Credit Notes (tfacp2121s000)</GUIRef> or <GUIRef href="/baanerp/tf/acr/tfacr2121m000" role="session">Assign Credit Notes to Invoices (tfacr2121m000)</GUIRef>. Realized currency differences originate from these sessions when another currency/rate is concerned.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/acp/tfacp2230m000" role="session">Write Off Payment Differences (tfacp2230m000)</GUIRef> or <GUIRef href="/baanerp/tf/acr/tfacr2240m000" role="session">Write Off Payment Differences (tfacr2240m000)</GUIRef>.</ListItem>
		</List>
		<ExampleSection><SectionTitle>Example</SectionTitle>
			<Paragraph>The purchase invoice amount is EUR 10,000</Paragraph>
			<Paragraph>The invoice currency is EUR.</Paragraph>
			<Paragraph>The home currency is USD.</Paragraph>
			<Paragraph>The invoice date is 01-01-2005.</Paragraph>
			<TABLE border="1"><TBODY><TR><TH colspan="2" width="240">Exchange rates :</TH>
						<TH align="right" width="122"></TH>
					</TR>
					<TR><TH>Start date</TH>
						<TH align="left" width="162">Rate EUR to USD</TH>
						<TH align="left" width="122">Invoice amount in USD</TH>
					</TR>
					<TR><TD>01-01-2005</TD>
						<TD align="right" width="162">1.362</TD>
						<TD align="right" width="122">USD 13,6210</TD>
					</TR>
					<TR><TD>01-02-2005</TD>
						<TD align="right" width="162">1.264</TD>
						<TD align="right" width="122">USD 12,6423</TD>
					</TR>
					<TR><TD>15-02-2005</TD>
						<TD align="right" width="162">1.269</TD>
						<TD align="right" width="122">USD 12,6904</TD>
					</TR>
				</TBODY>
			</TABLE>
			<Paragraph>The rate factor is 1.</Paragraph>
			<Paragraph>On 10-02-2005, the unrealized currency differences have been calculated as described in <Link href="/baanerp/tf/onlinemanual/000012" role="manual">Unrealized currency differences</Link>. There was a currency profit of USD 978.</Paragraph>
			<Paragraph>On 15-02-2005, the invoice is paid as follows:</Paragraph>
			<TABLE border="1"><TBODY><TR><TD>In invoice currency:</TD>
						<TD align="right">EUR 10,0000</TD>
					</TR>
					<TR><TD>In home currency:</TD>
						<TD align="right">USD 12,6904</TD>
					</TR>
				</TBODY>
			</TABLE>
			<Paragraph>The realized currency difference is 10,000 x (1.362 - 1.269) = USD 930</Paragraph>
			<Paragraph>For sales invoices, this difference would be a realized currency loss. Because this invoice is a purchase invoice, this difference is a realized currency profit.</Paragraph>
		</ExampleSection>
		<Paragraph>When the realized currency difference is posted, the unrealized currency differences are reversed.</Paragraph>
	</GeneralSection>
	<RelatedTopics><SectionTitle>Related topics</SectionTitle>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000107" role="manual">Currency differences</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000012" role="manual">Unrealized currency differences</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000027" role="manual">Financial business partner group ledger accounts</Link>
		</RelTopic>
	</RelatedTopics>
</ManualTopic>
