Realized Gains/Losses
In currency conversion terms, a Realized Gain (or loss) occurs when the exchange rate changes between when the sale occurs and when the payment is collected.
If the exchange rate becomes more favorable between the two, you have a realized gain
In contrast, if the exchange rate becomes less favorable between the two, you have a realized loss.
These small differences can add up over the course of the month, particularly if you have many orders involving currency conversion and defer payments for any reason.
Using this report, you can easily keep track of all those differences and report on them accordingly.
This report is available under the Financial menu, and you can read about it in more detail
here.