To assign a currency other than your company's base currency:In the upper right corner of the A/P Entry screen is a dollar sign ($) that represents the Currency Exchange hot key. This hot key lets you enter a payable in a currency other than the base currency of your company.
When you enter a payable in a foreign currency, the system converts the amount to your system's base currency, using the current day's exchange rate, before storing it. The system also displays the selected currency and current day's exchange rate at the top of the screen when you assign a foreign currency. On zero dollar A/P invoices, the system applies any discrepancies to the currency exchange account at the time of entry so that a balance is not left on the invoice.
To assign a currency other than your company's base currency:
From the A/P menu, select A/P Entry to display the A/P Entry screen.
Use the Currency Exchange hot key (Alt-$) to display the Currency Exchange screen.
In the Currency field, press F10 and select the currency you want to assign. The system translates all currency amounts to the Exchange Rate in effect on the transaction date.
Press Esc to save the currency exchange assignment.
The system displays open purchase order amounts in the assigned currency.
See Also: