Gain/Loss Posting
All Gain/Loss postings will only occur in the base currency, no posting is made to the non-base currency. A Gain/Loss posting only occurs when the exchange rate for the associated Journal Entry lines is not the same. Only the option “Use amounts to calculate rate” should contain a Gain/Loss posting. Example; a payable is created at X exchange rate, and the check is created at Y exchange rate. Since the exchange rate is different, there would be a Gain/Loss posting.