UN AR TRANSACTION LISTING FORM SUPPORT

    WHAT IS DOC FAMT    

DOC FAMT stands for Documents Foreign Amount, It can be either KES or USD,

if it is USD 500/=, this figure will show 500, if the Document amount is KES 50,000/= it will show as 50,000/=

This column does not do any conversion from One Currency to another, just displays the Amount either in USD or KES

WHAT IS DOC LAMT

DOC LAMT stands for Documents Local Amount, this is the amount converted to base Currency which is KES, in the above example

USD 500 will be converted using the exchange rate and placed here. KES amount will be somehow multiplied by 1 and placed the same amount.

WHAT IS FBAL ON DOC

FBAL Stands for Foreign Balance, to be clear on this amount, lets take the example of USD 500/= Document above, The Foreign Balance will show the amount after matching the amount with an invoice the exact Balance. Let's say that this is an Invoice and we have matched it with a partially paid receipt os USD 250/=, so the foreign balance will show as USD 250/=

Foreign Balance always gives a clear indication of weather the Document is matched fully or partially.

WHAT IS LBAL ON DOC

LBAL Stands for Local Balance, i.e. Balance amount in KES. Lets say that the USD 500/= amount on this example case has been converted to KES using exchange rate 100/= which calculates to KES 50,000/=

Now lets say a Receipt is raised for this invoice to settle the amount in full as USD 500/= and at the time of receipting the exchange rate was 110/=

Now the Local value of the Receipt calculates to USD 500/= X 110/=  summing to KES 55,000/=

Though the Invoice is fully settled still a balance on local amount will remain as KES 5,000/= after matching.

This is the Exchange gain and will be posted to exchange gain accounts while doing the exchange gains/Losses posting.