Prerequisites

If you are running the Generate ND/NC Gain and Loss - ARG program:

• Create a draft receipt and match it to the invoice. Specify the foreign currency on the Application Draft-Invoices form, and specify either payment instrument F for drafts in pesos or payment instrument C for drafts in a foreign currency on the Draft Entry form.

• Post the receipt batch.

If you are running the Generate ND/NC Gain and Loss Collection - ARG program:

• Add the payment instrument that is set aside for payments made in pesos for invoices in foreign currency to UDC 00/PY.

• Add the payment instrument that you set aside to UDC 76A/PI for payments made in pesos for invoices in foreign currency.

  This action prevents the exchange rate difference from being generated during draft collection so that it can be generated by the Generate ND/NC Gain and Loss Collection - ARG program (R76A8520) instead.

• Create a draft receipt and match it to the invoice. Specify the foreign currency on the Application Draft-Invoices form and specify the payment instrument that you set aside for payments made in pesos for invoices in foreign currency on the Draft Entry form.

• Post the receipt batch.

• Run the Draft Collection with Status Update program (R03B680).

• Post the batch that was generated by the draft collection process.