<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/cri000610" xml:lang="en">
   <Header>
      <Title>To post currency differences</Title>
      <Keyword type="header" order="d1e1813929">
         <Level1>Post</Level1>
         <Level2>currency differences</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1813934">
         <Level1>Currency differences</Level1>
         <Level2>post</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>Currency differences are caused by currency exchange-rate
		fluctuations during, for example, the period that an invoice amount is
		outstanding. During currency initialization the rate fluctuation can be caused
		by the recalculation of the rates based on the amounts in the new currencies.</Paragraph>
      <Paragraph>These currency differences must be accounted for. In a regular
		situation such currency differences are posted as unrealized currency
		difference at year’s end, and at the moment of payment/receipt they are posted
		as realized.</Paragraph>
      <List>
         <ListIntro>After internal and external currency initialization, you can
		  use these sessions to write off currency differences of open
		  invoices:</ListIntro>
         <ListItem>
            <GUIRef href="/baanerp/tf/acp/tfacp2240m000" role="session">Write Off Currency Differences (tfacp2240m000)</GUIRef>
         </ListItem>
         <ListItem> 
            <GUIRef href="/baanerp/tf/acr/tfacr2250m000" role="session">Write Off Currency Differences (tfacr2250m000)</GUIRef>
         </ListItem>
      </List>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>The ledger account for rounding differences</SectionTitle>
      <Paragraph>In the <GUIRef href="/baanerp/tc/cri/tccri7102s000" role="session">CI-Cluster Companies (tccri7102s000)</GUIRef> session you must enter the ledger accounts
		to which LN posts the rounding differences that result from the conversion. You can specify
		statutory and complementary accounts of the <GUIRef href="/baanerp/tf/domains/gld.acty#balance" role="option">Balance Sheet</GUIRef> and <GUIRef href="/baanerp/tf/domains/gld.acty#profitloss" role="option">Profit &amp; Loss</GUIRef> types. Rounding differences of transactions that can have
		an opening balance are posted to the balance-sheet accounts. Rounding
		differences of other types of transactions are posted to the profit and loss
		accounts.</Paragraph>
      <List>
         <ListIntro>These rules apply to the ledger accounts:</ListIntro>
         <ListItem>The ledger account must have sublevel zero.</ListItem>
         <ListItem>The ledger account must not already be in use. This is because
		  during the internal conversion of the period-totals tables it is possible that
		  a row is inserted with a key that already exists. This would stop the
		  process.</ListItem>
      </List>
   </GeneralSection>
</ManualTopic>