How to track exchange rates for outgoing payment in different currency?

[Pipalia1]

I have a BP (Supplier) in EUR.

Bank and House Bank are setup in US country. GL for House Bank is defined as USD currency.

When I create a AP invoice in EUR for above supplier, and try to create a outgoing payment against it. I am unable to select the above bank in the payment means bank transfer or cheque payment screen.

I have changed the GL for house bank to "all currency" and then it allows me to post outgoing payment for the EUR supplier against USD bank account. But the problem is, how do I keep a track of exchange rate differences and capture exchange rates bank has applied?

[Pipalia1 · Accepted solution]

We have resolved the issue by creating manual Journal double entries for the Payment (can mimic Journal preview from a unposted Outgoing payment), when you do this, we can post to bank GL in USD. Then use BP Internal Rec to close and match the AP Invoice against Journal to close the AP.