I have noticed that Manager is not posting, as I would have expected, the resulting exchange rate gains from the following postings: [Screenshot 2022-03-29 08.30.28] We got a short term loan in forex (EUR) and paid it back in forex after three months. The exchange of the Euro has gone down and th…

When you drill down on the forex gains/losses on 5th dec you should see the loan

So what is your problem? Please show a report or screen where you think the figures are incorrect If you got a loan in a foreign currency, then after you got the loan you would have An asset, Euro account of € 5,000 which would be converted to RWF on your balance sheet An liability, Euro loan, …

Sorry I meant “it does not show”

Please provide one screenshot with the total overview of all your forex exchange entries. You just showed 2 separate ones but it would be helpful to see all of them in one screenshot. Also show a screenshot of part pof the P&L summary screen where the forex gains/losses would appear.

The list of exchange rates is pretty long: [InkedScreenshot 2022-03-29 22.29.45_LI] This is the P&L: [InkedScreenshot 2022-03-29 22.36.19_LI]

Once foreign currency payables are settled with the same currency as the payables, there will be no exchange gains or losses. There will be unrealized gains/losses during the life of the liabilities whenever you enter foreign exchange rates, but I believe those gains and losses will be reversed if …

That’s absolutely on point since there’s no foreign currency balance and no exchange of foreign currency involved.

Without the full Balance Sheet, it is not possible for me to comment further I would expect to that the asset (the euro account) and the liability (the loan) would offset each other

Foreign exchange automatic posting

Joe91 March 29, 2022, 7:49pm 12

You also have to show a full record of the Euro/RWF exchage rates

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Foreign exchange automatic posting

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