The Cash Entry program allows payments to be received in currencies other than in the customer’s normal trading currency as specified in the Customer masterfile. The receipt amount has to be entered in the foreign currency as well as in the customer’s normal trading currency. At the end of the month the system will reverse all the unrealized gains or losses processed prior to this payment and post the actuals to the realized exchange fluctuation journal type.
- In the menu, expand Base Modules > Distribution > Debtors & Claims > Accounts Receivable > Entry and then double-click Debtor Cash/Journal Entry. ARE005 Cash Entry payment selection panel appears.
- On the Payment function field, select CSH from the drop down list and click OK.
- Enter the required details on the header panel. The receipt amount has to be entered in the foreign currency as well as in the customer’s normal trading currency.
- Click OK. ARE005 Cash Entry detail panel appears.
- Allocate the payment until the total payment amount has been allocated.
- Click OK to enter the bank reference details on ARE210 Bank reference – Charge panel.
- Click OK to process the payment.
