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How to handle rounding difference caused by multicurrency?

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Hello,

I'm fairly new to the multicurrency functionality of GP so this may be a simple fix. We currently have receivable batches generated by an external application that get imported into GP. Also, CAD is our functional currency.

My issue is as follows, an invoice for $816 USD converts to $841.67 CAD (exch rate 0.9695). Its distribution is made up of $35 USD + $71*11 USD = $816 USD which all converts to $36.10 CAD + $73.23*11 CAD = $841.63 CAD. Note the CAD is out by $0.04 which I can verify in the "Rounding Difference" field (See attached image). Because of this difference, when we run the sales aged trial balance, there is forever an outstanding amount after the payment of $841.67 CAD is applied.

Is there an automated feature in GP to automatically adjust entries for rounding differences?

 

Thanks,

James


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