Foreign trader customer and supplier balances

Couldn't you post an invoice/credit note, both coded to exchange variances in the P&L, with different exchange rates calculated to compensate that balance on the account.  The net balance from the account would then be moved to variances.

i.e. credit (negative supplier rather than TB) balance of €10, post £100 invoice @ €1 to £1, makes a balance of £100 or €90, then a £100 credit @ €0.9 to £1, makes a balance of £0 or €0.

Cheers

Pat

I use version 11 and have foreign currency transactions.

I have seen similar however, has been due to the balance not been cleared at the bank ie:

Customer receipt posted as 'on-account' and not actually matched against the invoice.  Matching against the invoice clears the balance.

Regards

Heather.

I suggest the same as Pat's;

They can be written off to translation gains or losses by putting appropriate entries through the supplier or customer accounts. This can be done at the same time as putting payments/receipts through to avoid differences remaining on the accounts.