Good Day!
I made a sales invoice with with the following details:
Local Currency Peso (PHP)
System Currency US Dollar (USD)
Vendor Currency in BP Master Data USD
Exchange Rate USD = 50.00
Upon AR Sales Invoice :
AR Invoice BP Currency USD 50.00
Transaction
Service USD 1000
Under Financial accounting entries are as follows:
AR PHP 20.00
Service Income PHP20.00
Should be
AR PHP 50,000.00
Service Income PHP50,000.00
Is there any set up that I was not able to perform that led to wrong amount in accounting side?
Thanks
Sandra