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Former Member
Dec 24, 2007 at 09:34 AM

FBZP & OBVU - Vendors with Different currencies - How to manage

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In this scenario, the system / company has 3 bank accounts each managing 3 currencies seperately, i.e. One for Japanese Yen, One for US Dollars and One for Arab Emirates Dirhams.

Now the complication that comes here is that some of the vendors or majority of those vendors maintain different currencies due to their nature of business and location. Different vendors have different currencies, Norwegian Cronor, Malaysian Ringitt, Singapore Dollar, so on and so forth.

Now, while testing the Auto Payments, some of the those tested vendors had only the above mentioned currencies which have maintained their accounts for the respective currencies (i.e. Yen, Dollar and Dirhams ONLY). And this worked. While trying with other currencies responded that the Payment method 'T' not supported.

How to accommodate the other currencies. Although, the local currency is US Dollars, how does the system pay in the respective currency? Or put it like this, how does the system handle this structure? As we need to accommodate other currencies too.

(cont'd)

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now comes in the Transaction OBVU, which gives limited options, i.e. Payment Methods in Country and Paying company Codes, but not the Bank Determination.

Would FBZP help in this? I tried FBZP, but I couldn't manage to erase the Currencies as the corresponding bank accounts specified against the currencies, if re-entered gives "Same Key Exists, give another key or Skip".

But I need to delete those currencies but retain those bank accounts.

Moreover, I managed to delete the currencies against the corresponding Payment Methods.

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Required is

Multiple currency payment through both the Payment methods, i.e. C (Cheque) and T (Bank Transfer)

Would OBVU and FBZP allow such a solution? Kindly elaborate on this.

Moreover, kindly also suggest an alternate solution.

Point Available.

Edited by: Bhatia on Dec 24, 2007 2:11 PM