How currency conversion works on Requisition Approval Notifications
SummaryHow does the system convert and display amounts when multiple currencies are involved in an approval notification
Customers / Support
I have been asked a few times these past weeks on some clarifications relating to approval notifications in the context of multiple currencies. I am providing a picture of how the system displays amounts when there are multiple currencies involved.
Let us familiarize ourselves with some terms first:
1. Functional Currency: The currency of the ledger associated with the Requisitioning BU in which the requisition was created
2. User Preferred Currency (UPC): Fairly self-explanatory, this is the currency that has been identified as the preferred currency of the user