Thanks Vaibhav for your reply! comment inline..
Thanks and Regards -- Akash Jain On Tue, Oct 24, 2017 at 10:24 AM, Vaibhav Jain < [email protected]> wrote: > Hello Akash, > > > >>Just want to confirm that, is it expected behaviour OR incoming payment > >>transactions should also be posted in company currency (USD) for SO. > If the transactions are recorded in home currency, the rate at which the > foreign currency is exchanged should be recorded as well. > OR > You need to record the transaction in the foreign currency itself when you > maintain the balance of the concerned account in foreign currency. > There are also stored origAmount and origCurrencyUomId along with amount and currencyUomId for all the transactions, so, conversion rate can be calculated at any moment. > > Thanks & Regards > -- > > Vaibhav Jain > Hotwax Systems, > [email protected] > > On Mon, Oct 23, 2017 at 11:18 AM, Akash Jain <[email protected] > > > wrote: > > > Hello All, > > > > I have verified multi-currency flow for SO and PO, here is the detail: > > > > PO: Company currency is USD and Supplier currency is EUR, then, > > -- order created in supplier currency > > -- inventory cost of products are company currency after receiving > > products. > > -- invoice created in supplier currency > > -- payment created in supplier currency > > -- accounting transactions (for Purchase Invoice, Outgoing Payment and > > Payment > > Applied types) posted in company currency. > > > > I think this flow is working as expected, please confirm? > > > > SO: Company currency is USD and Customer currency is EUR, then, > > -- order created in customer currency > > -- invoice created in customer currency > > -- payment created in customer currency > > -- accounting transactions (for Sales Invoice and Payment Applied types) > > posted in company currency. > > -- accounting transactions for *Incoming Payment* type posted in > *customer* > > currency. > > > > Just want to confirm that, is it expected behaviour OR incoming payment > > transactions should also be posted in company currency (USD) for SO. > > > > Thanks in advance for your reply! > > > > Thanks and Regards > > -- > > Akash Jain > > www.hotwaxsystems.com > > www.hotwax.co > > >
