Accounts payable, supplier balance not reconciling due to currency

Jennifer_8691110
Jennifer_8691110 Member Posts: 1 Novice Member Novice Member
edited June 2020 in Accounts Hosted
I use multi-currency in Reckon hosted. There have been ongoing variances between accounts payable report value and balance sheet total (which matches supplier balance summary report).There is an issue with payments made in a foreign currency. 
EG 110,000 Euro payment made at rate of 1.48765 = AUD 163641.77 - which is the amount in the supplier screen and AP aging However, the g/l and supplier balance report is showing this payment as AUD 157698.68.
Any ideas why this is happening?
Thanks

Comments

  • Kim J
    Kim J Member Posts: 4 Novice Member Novice Member
    edited June 2020
    How did you go with this?

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