Currencies

Invoice with payment deadline (NOT cash on delivery)

Invoices booked on the date of issue (handwritten voucher) at the exchange rate (from the Icelandic Central Bank) of that day.

When a payment on this invoice is posted, the same amount in ISK is posted to the creditor as when it was posted on the invoice issue date.

A higher/lower amount is booked out by the bank – the difference is an exchange rate difference that is booked either at 6160 (exchange rate gain) or 6260 (exchange rate loss).