Calculate Last Chance Variance for Foreign Currency Transactions

For transactions in a foreign currency, the VMA process calculates the conversion to domestic- currency amounts and performs tolerance validations on the domestic-currency amounts. The process uses the tolerance rule for 02, 03 and 08 and rounding rules for 05. Even though the process applies the tolerance validations to domestic-currency amounts, the foreign-currency amounts of the logged voucher and the receipt/order must match exactly. If the foreign amounts do not match exactly, then the process does not match the records except when the records meet these criteria:

• The Calculate Last Chance Variance processing option is blank (off).

• The automation rule used for the record is 02 or 03 or 08.

• The foreign-currency amounts for the voucher and receipt do not match exactly and the domestic-currency amounts do match exactly.

For matched records that meet the criteria described in this section, you must manually enter a record in the Account Ledger table (F0911) to balance the records. After you enter the account ledger record, you can post the batch.