{"id":181,"date":"2018-09-06T10:21:47","date_gmt":"2018-09-06T03:21:47","guid":{"rendered":"https:\/\/www.support.skybizglobal.com\/?p=181"},"modified":"2018-09-06T10:21:47","modified_gmt":"2018-09-06T03:21:47","slug":"processing-currency-gains-and-losses-for-accounts-payable","status":"publish","type":"post","link":"https:\/\/aisupport.skybizglobal.com\/skybizclouderp\/processing-currency-gains-and-losses-for-accounts-payable\/","title":{"rendered":"Processing Currency Gains and Losses for Accounts Payable"},"content":{"rendered":"

Account Payable Realized Gain\/Loss Calculations<\/h2>\n

To calculate realized gains and losses, you must post payments. Realized gains and losses are based on currency rate entered between purchase transactions\u00a0and currency rate in payment voucher. When you post payments, the system calculates gains and losses based on whether the exchange rates changed from the date of purchase to the date of the payment. If exchange rates changed, the system creates journal entries for the gains and losses.<\/p>\n","protected":false},"excerpt":{"rendered":"

Account Payable Realized Gain\/Loss Calculations To calculate realized gains and losses, you must post payments. Realized gains and losses are based on currency rate entered between purchase transactions\u00a0and currency rate in payment voucher. When you post payments, the system calculates gains and losses based on whether the exchange rates changed from the date of purchase ..<\/p>\n

<\/div>\n

Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-181","post","type-post","status-publish","format-standard","hentry","category-financial"],"yoast_head":"\nProcessing Currency Gains and Losses for Accounts Payable - SKYBIZ Cloud ERP Support<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Processing Currency Gains and Losses for Accounts Payable - SKYBIZ Cloud ERP Support\" \/>\n<meta property=\"og:description\" content=\"Account Payable Realized Gain\/Loss Calculations To calculate realized gains and losses, you must post payments. 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