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author's profile photo Former Member
Former Member

Foreign Currency

If the Vendor open item is in EURO.

Can we pay in USD.

Local Currenty is INR.

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Apr 25, 2011 at 07:07 AM

    Hi,

    Yes, you can make payament in USD, while making payment entry, system create foreign currency realized gain/loss transaction alongwith payment entry.

    Regards

    Sarma Bhamidipati

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 25, 2011 at 09:16 AM

    Hi,

    You need to maintain-

    The foreign currency rate for usd-eur

    Maintain the exchange rate difference accounts for USD and EUR.

    Go to F-53 for payment and enter currency as USD and select the open item in EUR.

    Warm Regards

    Milind Sonalkar

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