How to: Adjust Settlement Exchange Rates for VAT Entries

  • Article

You can use the Adjust Settlement Exch. Rates batch job to settle VAT entries according to the government exchange rate as defined in the Currency Exchange Rate table.

To adjust settlement exchange rates for VAT

  1. In the Search box, enter Adjust Settlement Exch. Rates, and then choose the related link.

  2. On the Options FastTab, fill in the fields as described in the following table.

    Field Description

    Settlement Period

    Specifies the start date of the settlement period.

    Ending Date

    Specifies the end date of the settlement period.

    Posting Description

    Specifies the posting description.

    Document No.

    Specifies the document number for which you want to settle VAT entries.

    Posting Date

    Specifies the posting date of the document.

    Use Daily Settlement Exch. Rate

    Select if you want to use the daily settlement exchange rate.

  3. Choose the OK button.

    The VAT entries are adjusted and you can view them in the VAT Register report.

See Also

Other Resources

Currency Exchange Rate Table
VAT Entries
VAT Register
Exch. Rate Adjmt. Reg.