In Uniconta, exchange rate differences are automatically booked and calculated when the exchange rate has changed from the time of invoicing to the time of payment for purchase and sales invoices in foreign currency.
Other exchange rate differences must be processed manually in the accounts, e.g. investments, foreign accounts, etc.
System account requirement for Exchange Rate DifferencesFor exchange rate differences to be calculated and posted automatically, the system account'Exchange rate differences' mustbe specified in the chart of accounts.
Posting date for exchange rate differences The exchange rate differences are booked at the same time as the payment/settlement. On the debtor/creditor account statement, you will be able to see how large the exchange rate difference is on the individual item.