Exchange rate is not correct Vs Excel Or calculater
Dear Sirs/Messers
When creating a foreign PO using stock item with cost retrieved from Supplier catalog or from F4105, the domestic amount is incorrectly calculated.
The case in numbers in numbers:-
1- Create Foreign PO "EUR" currency.
2- Enter any stock item on the PO.
3- Setup a cost for this item in the supplier catalog application with the same currency "EUR".
4- Item unit cost is 1.269 EUR
5- Quantity is 181623/EA
6- Foreign Amount is 230479.59
7- Exchange rate from EUR to Domestic Currency "EGP" is 9.9742000
8- Domestic amount should be 2298849.5 which is the result of multiplying the exchange rate by the above mentioned foreign amount