To view payables and receivables when posting to foreign currency accounts where amounts are shown in foreign and local currency, you have to observe amount of foreign subject's outstanding item. Since the exchange rate used in converting from a foreign to the local currency usually differs in posting of receivable/payable and subsequent payment, it is required to close the document for foreign currency amount and leave it outstanding for ones in the local currency. That is why outstanding items reports will differ before posting exchange differences (in LCY and FCY fields). In first case discrepancies in euro transactions will be looked for individual account, subject, linked document. On the other hand, foreign currency transactions are looked for in the second case.

Similar situation can occur in case of incorrect posting.

In case when various currencies (e.g. EUR, USD, blank) are used for posts with reference to the same linked document and the item has been closed in its primary currency (EUR), the amount of outstanding items (balance) is equal in both reports. The latter are not total equivalent, though:

• Displaying outstanding items for such document - in detail and in primary currency - displays a balanced linked document in detailed report.
• Displaying outstanding items for such document - summary; does not display the linked document since it was closed in the primary currency.

How to proceed in such a case?

1. When using foreign currency accounts:

• Select In Currency option to display the oustanding balance of lines, and check currencies and amounts set in document
• Modify posts accordingly, so that the document is closed (completely or partially) in foreign currency

2. When using local currency accounts:

• Such posts occur when incorrectly setting or even not setting primary currency. In this case change primary currency in lines of journal entries accordingly. Please contact the technical support if troubles persist.

Related topics:

• Incorrectly Closed Document
• Invoice with Different Due Dates
• Using Outstanding only Function
• Foreign Currency Outstanding Items

For a general description of functions see:

• Outstanding Items