Multicurrency: Intercurrency Balancing

To generate general ledger distributions for intercurrency balancing, you can map distributions to an account or an account code for intercurrency balancing.

You use intercurrency balancing to deposit currencies that are different than bank account currencies. You also use it when the payment’s transaction currency is different than the commitment’s transaction currency. For example, with deposit corrections, the program creates intercurrency distributions that balance the main distributions for the deposit and the gain or loss that is created due to the difference in base amounts for the main distributions.

You can only select one account or account code for intercurrency balancing. When you specify an account code, other segments derive from selected characteristics of the transaction.