<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000013" xml:lang="en">
   <Header>
      <Title>Realized currency differences</Title>
      <Keyword type="header" order="d1e1941458">
         <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 these
		  sessions:</ListIntro>
         <ListItem> 
            <GUIRef href="/baanerp/tf/cmg/tfcmg2500m000" role="session">Bank Transactions (tfcmg2500m000)</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/Schedules 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
		  2017-01-01.</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="5">
               <TR no="1" isLast="false">
                  <TH colspan="2" width="240" rowspan="1">Exchange rates :</TH>
                  <TH align="right" width="122" rowspan="1" colspan="1"/>
               </TR>
               <TR no="2" isLast="false">
                  <TH rowspan="1" colspan="1">Start date</TH>
                  <TH align="left" width="162" rowspan="1" colspan="1">Rate EUR to USD</TH>
                  <TH align="left" width="122" rowspan="1" colspan="1">Invoice amount in USD</TH>
               </TR>
               <TR no="3" isLast="false">
                  <TD rowspan="1" colspan="1">2017-01-01</TD>
                  <TD align="right" width="162" rowspan="1" colspan="1">1.362</TD>
                  <TD align="right" width="122" rowspan="1" colspan="1">USD 13,6210</TD>
               </TR>
               <TR no="4" isLast="false">
                  <TD rowspan="1" colspan="1">2017-02-01</TD>
                  <TD align="right" width="162" rowspan="1" colspan="1">1.264</TD>
                  <TD align="right" width="122" rowspan="1" colspan="1">USD 12,6423</TD>
               </TR>
               <TR no="5" isLast="true">
                  <TD rowspan="1" colspan="1">2017-02-15</TD>
                  <TD align="right" width="162" rowspan="1" colspan="1">1.269</TD>
                  <TD align="right" width="122" rowspan="1" colspan="1">USD 12,6904</TD>
               </TR>
            </TBODY>
         </TABLE>
         <Paragraph>The rate factor is 1.</Paragraph>
         <Paragraph>On 2017-02-10, 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 2017-02-15, the
		  invoice is paid as follows:</Paragraph>
         <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
            <TBODY noTR="2">
               <TR no="1" isLast="false">
                  <TD rowspan="1" colspan="1">In invoice currency:</TD>
                  <TD align="right" rowspan="1" colspan="1">EUR 10,0000</TD>
               </TR>
               <TR no="2" isLast="true">
                  <TD rowspan="1" colspan="1">In home currency:</TD>
                  <TD align="right" rowspan="1" colspan="1">USD 12,6904</TD>
               </TR>
            </TBODY>
         </TABLE>
         <Paragraph>The realized currency
		  difference is 10,000 * (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>