Payment Application Window

Important

When the bank account that you are reconciling payments for is set up for the local currency, then the Payment Application window will show all open entries in the local currency, including open entries for documents that were originally invoiced in foreign currencies. Payments applied to entries with converted currencies may therefore be posted with different amounts than on the original document because of the potentially different exchange rates used by the bank and Microsoft Dynamics NAV respectively. Therefore, we recommend that you look for foreign currency codes in the Currency Code field in the Payment Application window to check if applications are based on converted currencies. To review the original document amount in the foreign currency and to see the exchange rate used, choose the Applies-to Entry No. field, and then, on the shortcut menu, choose DrillDown to open the Customer Ledger Entries or Vendor Ledger Entries window. To add the Currency Code column to your view, open the shortcut menu for the column heading, and then choose Choose Columns. Any gains-and-loss adjustment required due to currency conversions is not handled automatically by Microsoft Dynamics NAV.