The amount less on the day of payment will change in a few days.
Receipts for overseas business tools will be stamped with dollar amounts. Since I can see it right away on the payment date, I multiply it by the exchange rate I know and write it down as “about 26,000 won.” However, the Korean Won amount that appears on the card statement a few days later is different from that value.
It's the same deal, but there are two numbers. one is I estimated the valueand the other one is Value confirmed by the cardno see.
Problems surface at the end of the month
When I try to match the management table total and the card charge total at the end of the month, the numbers are different. This is a common occurrence up to this point. What's really difficult is what comes next. Since I only wrote down the amount, I couldn't tell which line was off, so I had to read the statement again from the beginning.
At a small approximate value, A place to return toThere is no. This is because there is no record of which statement line the amount came from.
I'm not the one who picks the exchange rate
The calculation order is written in the card company's instructions. KB Kookmin Card wrote, “Amounts used overseas are converted to dollars (USD) according to the exchange rate specified by the international brand company, and the amount converted to dollars (USD) is converted to Korean won (KRW) by applying KB Kookmin Bank’s wire transfer selling rate.”
The time of application is also not the date of payment. BC Card wrote that “the exchange rate applied for won conversion is based on the international card company processing date,” and also explained that “the won billed amount includes a designated overseas usage fee for each bank.”
Commission rate and exchange rate numbers are not included in this article. Since the information varies and changes depending on the card company and international brand, it is best to check directly with the information provided by the card company you are using.
Move without calculating
Open the statement, find the same transaction, and change the amount column in the management table to the confirmed amount and write it down. Do not erase the dollar amount, but leave it next to it as a basis.
| Cannes | What to write |
|---|---|
| Service name | Service name written on receipt |
| Foreign currency principal/currency | Write down the currency as well, such as USD 20.00 |
| Confirmed Won bill amount | Transfer the amount confirmed on the statement as is. |
| billing month | Enter the billing month, not the payment month. |
| Expected/confirmed status | It is an estimate before it is included in the statement. |
| ground location | Write it down so you can find it again, like “September statement line 3.” |
Six spaces may seem like a lot, but there is no new value to calculate. This involves transcribing already confirmed values and only attaching where they came from.
Transactions that have not yet risen are considered forecasts.
If you add transactions that don't appear on your statement, your monthly operating expenses will fluctuate. You can mark it as expected and change it to confirmed after checking the statement.
The credit card company's instructions also state that the approved amount and the final charge amount may differ. There are cases where overseas affiliates “pay (approve) a certain amount of deposit in advance” and charge the final usage amount, and the amount may change due to the exchange rate at the time of purchase and cancellation.
Today I only get one correct answer.
Simply select one of your recent foreign currency subscriptions, find the amount on the confirmation statement, and write down the statement location on that line. That one line becomes the standard for the rest of the lines.
Additionally, this record is an internal record to verify operating expenses and is not the basis for conversion for tax reporting.
