Posting GR with Non-Local Currency

[Former Member]

I have a PO set up to a Vendor Code in our Canadian Org. However, this vendor is set up to be paid in USD. The entire Purchase order has been created with USD and sent to the Vendor.

We are now being invoiced off of this PO, but when we go to post the GR, we are only allowed to choose the CAD option.

In short, how do we post/receive/pay in a currency that is different than the local currency?

Thank you.

[ankurch]

Hi Joseph,

In PO system update the pricing from Vendor Master Record- Purchasing Data(LFM1- WAERS), so if you wanted to post the invoice in any currency you should maintain the currency in Vendor master record, also the conversion of your company code currency should be maintained in "OB08".

Thanks,