You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to Use CurrencyConversionGlobal.getRate for Payment Approvals

Received Response
edited Apr 11, 2024 10:37PM in Payables, Payments & Cash Management 2 comments


We have multiple BUs from US,UK,IND,FRANCE and now requirement is to create threshold amount based PPR approval rule with conversion rate, how to proceed this request

Content (please ensure you mask any confidential information):

We have multiple business units (BUs) located in the US, UK, India, and France. The current requirement is to establish a threshold-based Purchase Price Reduction (PPR) approval rule, considering currency conversion rates. How should we proceed with this request?

For instance, if a payment is initiated with a base amount of $1000 across all BUs, it should be directed to Approver A's worklist. Payments exceeding $1000 should be routed to Approver B's worklist. It's important to note that for currencies other than USD, such as INR, the amount needs to be converted to USD for determining the appropriate approver.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!