| Write Off Currency Differences (tfacr2250m000) |  |
| Use this session to write off currency differences for outstanding invoices expressed in another currency. The currency difference transaction is posted to the ledger account defined in the Ledger Accounts by Business Partner Group (tfacr0111m000) session for the following types of transaction: Unrealized Currency Profit. Unrealized Currency Loss. The realized currency difference that results from the invoice amount being expressed in a currency other than that of the payment, is processed in the Bank Transactions (tfcmg2100s000) session. The currency difference produced by interim exchange rate fluctuations is posted in the Write Off Currency Differences (tfacr2250m000) session. A currency profit is only posted if the Write Off Currency Profits check box is selected. Otherwise, only the currency losses are posted. Currency losses are always posted as follows: Debit: Unrealized Currency Losses Credit: Accounts Receivable Note If the Write-Off Cur. Diff for Anti. Receipts check box in the ACR Parameters (tfacr0100s000) session is selected, invoices with anticipated receipts are considered for writing off currency differences. Unrealized currency differences are reversed as soon as the invoice is actually paid. Related topics Currency differences
Fields | Description
Select Specific Invoices | To select individual documents, select this check box and then click Specific Invoices. If you want to write off payment differences for a number of documents that are not in sequence, you can click Specific Invoices to start the Write-off Payment /Currency Differences For Specific Invoices (tfacr2520m001) session.
Post Currency Differences | If this check box is selected, ERP LN posts the calculated currency difference amount to the general ledger. If this check box is cleared, ERP LN prints the calculated difference amount without posting the transaction.
Fully paid only | To select only invoices that have been fully paid, select this check box.
Invoice-to Business Partner | Select the business partner. Related topics To use From and To fields
Transaction Type | Select the Transaction Type. Related topics To use From and To fields
Document | The document number, part of the invoice identification. Related topics To use From and To fields
Invoice Period | The fiscal year to which the financial transactions are linked. Related topics To use From and To fields
Rate Date | The date on which the currency exchange rate is based.
Document Date | The document date. The date on which you create the transaction to post the currency differences. Allowed values This date must be within the financial period you selected in the Fiscal Period field.
Fiscal Period | The year of the financial period in which the currency difference transaction is posted.
Fiscal Period | The financial period in which currency difference transactions are posted.
Tax Period | The year of the tax period in which the currency difference entries concerning tax amounts are made.
Tax Period | The tax period in which the entries concerning tax amounts over currency differences are made.
Reporting Period | The reporting year in which the currency difference transactions are posted. Related topics To use periods
Reporting Period | The reporting period in which the currency difference transactions are posted. Related topics To use periods
Document | The transaction type that ERP LN uses to post the currency differences selected during this run. The transaction type is part of the identification of the currency difference transaction. This transaction type was defined in the Transaction Type for Currency Differences field of the ACR Parameters (tfacr0100s000) session. Related topics Financial business partner group ledger accounts
Document | The document number for which the currency differences (and the corresponding tax amounts) are written off. The same document number is used for all differences in the same run. After each finalization run, ERP LN automatically increases the number by one.
Print Details | If this check box is selected, ERP LN prints a report with details of the currency differences that are written off.
Batch | A batch is compiled from a group of transactions, all of which occur within the same period.
Commands | Description
Write Off | Starts the Write-off Payment /Currency Differences For Specific Invoices (tfacr2520m001) session, which you can use to select individual documents that are not in sequence.