PF
12/18/2024, 8:24 PMCeligo AI
12/18/2024, 8:24 PMAI generated answer (using internal Slack threads):To transfer a balance in an Accounts Receivable (A/R) account from pound to euro for the same customer, you can follow these steps: 1. Create a Journal Entry (JE) in the original currency (pound) to move the balance into a clearing account. Debit the A/R account and credit the clearing/holding account. Make sure to specify the customer on the A/R line. 2. Create another JE in the new currency (euro) to move the balance out of the clearing account. Debit the clearing/holding account and credit the A/R account. Again, specify the customer on the A/R line. You might have to adjust the foreign exchange rate to ensure it gets recorded in an amount that actually clears the clearing account. 3. Apply the JE from step 1 to your existing credit memo. 4. Apply the JE from step 2 to the invoice they want to apply to. If this process is going to disrupt remittances/statements, etc, you could have step 2 be a credit memo transaction, but you'd have to have an item that has the clearing/holding account as its GL account. Please note that this is a manual process and might not be suitable if you are doing this frequently. If that's the case, consider setting up some type of automation. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Celigo AI
12/18/2024, 8:24 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.835592806
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.817007303
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.816198
Celigo AI
12/18/2024, 8:24 PM