The system always generates separate GL transactions for a multicurrency transfer. The
following tables show the transactions recorded to the general ledger for the source and
destination accounts.
Table 1. Transactions for Source Account: Multicurrency Transfer
| Account |
Debit |
Credit |
| Source account |
0.00 |
Transfer amount |
| Cash-in-Transit account |
Transfer amount |
0.00 |
Table 2. Transactions for the Destination Account: Multicurrency Transfer
| Account |
Debit |
Credit |
| Destination account |
Transfer amount |
0.00 |
| Cash-in-Transit account |
0.00 |
Transfer amount |
If a gain or loss is produced by a multicurrency transfer, the transactions shown in the
following tables are recorded to the general ledger for the destination account, depending on
whether a gain or loss is produced by the transfer—that is, whether the realized gain or
loss (RGOL) is positive or negative.
Table 3. Transactions for Destination Account: Multicurrency Transfer Producing a Gain
| Account |
Debit |
Credit |
| Destination account |
Transfer amount |
0.00 |
| Cash-in-Transit account |
0.00 |
Transfer amount |
| Realized Gain/Loss account |
0.00 |
RGOL amount |
| Cash-in-Transit account |
RGOL amount |
0.00 |
Table 4. Transactions for Destination Account: Multicurrency Transfer Producing a Loss
| Account |
Debit |
Credit |
| Destination account |
Transfer amount |
0.00 |
| Cash-in-Transit account |
0.00 |
Transfer amount |
| Realized Gain/Loss account |
RGOL amount |
0.00 |
| Cash-in-Transit account |
0.00 |
RGOL amount |
