Description
This article explains the setup of the Accounting system as a multi-currency source.
Workflow Options
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Detail Steps
To activate Accounting as a Currency source:
Datapel Support to action:
Add new tag <WMSAsCURSource>False<WMSAsCURSource> in Prefs.xml file.
Superuser to action:
Open WMS.
Go to Options > Preferences.
Replication Tab.
Locate Manage FX using and from the drop-down list select "Accounting Currency" and Record Preferences.
Exchange Rates management:
To adjust standard rates:
Adjust Rates in the Accounting system, and these rates are replicated to the WMS.
Creating multi-currency Sales Order:
Open WMS.
Go to Sales or Receive register.
Create New Sales or Purchase Order.
Open Currency Tab.
WMS will select customer/Supplier default Currency. From here, you can also manually adjust the spot rate.
Finalise order.
Note Line Item Unit price should be treated as selected foreign currency. |
7. Record as Sales or Purchase Order.
8. Process transactions as usual.
9. Order will be Invoiced/Billed over to the Accounting system.
10. Open Invoice/Bill in Accounting system.
The price, subtotal, tax, and balance due are ALL sent as Foreign Currency.
For example:
AUD = 1 NZD / Spot cross rate (0.952873) = 1.04946 NZD
Total (AUD)$94.81= 99.50 NZD / 1.04946 NZD