Reverse a Vendor Bill Payment with Currency Gain/Loss

What is the proper way (or is there a way?) to reverse a vendor bill payment that has a realized gain/loss in a closed period, without having to reopen the period? It appears to me that voiding the payment does not actually reverse the realized gain/loss.

Beginner Asked on January 23, 2020 in Accounting.
Add Comment
0 Answer(s)

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.
  • This site made possible by our sponsors:   Tipalti   Celigo   Limebox   Become a Sponsor