Cross currency payment for employees expenses
We’re dealing with a case where the ledger currency is EGP. However, sometimes employees submit expense reports in Euros, and these are paid in the equivalent amount in USD. When these expenses are imported into Payables, the payment currency is set to Euro and cannot be changed. Since our USD bank account is not a multicurrency account, we’re unable to make payments in USD for these Euro invoices.
Does anyone have any suggestions or workarounds for handling this situation?
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