Forum Discussion

JRW's avatar
JRW
Experienced Cover User
1 month ago

0.01c balances in Aged Receivables for fully paid invoices due to currency conversion

We are running multi currency in Accountright Premier online.  We invoice and receive payments in USD.  However some invoices that are fully paid and showing a 0 balance owing in USD, when presented in the Aged Receivables report (which is in AUD) are showing a 0.01 balance due - presumably due to small differences when the exchange rate is applied.  How do we get rid of these?

2 Replies

  • GEB's avatar
    GEB
    Experienced User
    1 month ago

    Hi JWR - good luck getting an answer from MYOB on this one.  I've had the same problem for both debtors and creditors US$ accounts.  I've tried writing it off as a discount many times but "bingo" there it is again.  VERY FRUSTRATING 

  • JRW's avatar
    JRW
    Experienced Cover User
    1 month ago

    Oh fabulous...  But somehow I'm not surprised.

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home