GL Distributions Tab for a Deposit Correction

With deposit corrections, the program creates additional distribution rows for currency exchange gains and losses and for intercurrency balancing. Exchange gains and losses occur when a deposit correction’s exchange rate is different than the associated deposit’s exchange rate. Intercurrency balancing can occur when the deposit currency is different than the bank’s currency. The GL accounts for the distributions are determined by the mapping configured in General Ledger.

• Administration>General ledger setup>Development office>Currency tab>Realized gains and losses

• Administration>General ledger setup>Development office>Currency tab>Intercurrency balancing