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Currency Exchange Questions

in Ask A Guru 10 comments

Hi Team,

I have some enquiries surrounding Currency Exchange Rates. Kindly help me understand. Thank you in Advanced!

- When creating a PO we assume that the foreign $ PO rates are converted using the system default exchange rate?

- POs are then combined into each Inbound Shipment assuming once again that each line keeps the same rate as the relevant PO, so potentially numerous exchange rates per Inbound Shipment?

- When an Inbound Shipment is 'Billed', what rate is used?

- When 'Item Receipts' are carried out on the Inbound Shipment, what exchange rate is used?

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