Realized currency differencesRealized currency differences are final currency differences calculated over paid invoices. Realized currency differences can originate from these sessions:
Example The purchase invoice amount is EUR 10,000 The invoice currency is EUR. The home currency is USD. The invoice date is 2017-01-01.
The rate factor is 1. On 2017-02-10, the unrealized currency differences have been calculated as described in Unrealized currency differences. There was a currency profit of USD 978. On 2017-02-15, the invoice is paid as follows:
The realized currency difference is 10,000 * (1.362 - 1.269) = USD 930 For sales invoices, this difference would be a realized currency loss. Because this invoice is a purchase invoice, this difference is a realized currency profit. When the realized currency difference is posted, the unrealized currency differences are reversed.
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