Use this activity to create an exchange gain or loss transaction. An exchange gain or loss transaction is created when you try to manually match a transaction where the amount of the cash transaction in accounting currency differs from the amount in the bank transaction but currency amount of the cash transaction is equal to the equivalent amount in bank transaction. A message will be given to you regarding the difference and you can choose to calculate and create a transaction for the exchange difference.
Once you create the transaction, to match it with a bank statement transaction the information in the Automatic Transaction Matching window should be refreshed.
A bank transaction and a cash transaction should exist with different amounts.
The cash account should be in accounting currency (since payments in currencies different from cash account's currency could only be made if the cash account is in accounting currency).
A cash transaction of the type direct cash payment will be created in the system using the exchange difference information between the transactions.
Automatic Transaction Matching
Automatic Transaction Matching