News and Announcements icon

Dynamics 365 CommunityForums Finance | Project Operations, Human Resources, ... How can I create a PO ...

Finance | Project Operations, Human Resources, ...

Answered

How can I create a PO in Foreign/Different Currency?

(1) Share

Report

Report

Posted on by EL-29050242-0

40

Hi,

I am trying to make a PO with currency other that USD.

I thought about creating a vendor with payment demographic currency option in that currency.

But also is there a way that I can change currency within PO?

Also what will happen if the exchange rate is different between when PO is booked in ERP vs when the bank made transaction?

Is there a FX gain/loss incurred and carried until end of the year for closing or somehow adjusts to make it equal?

Thank you

All responses Img

All responses (2)

Answers Img

Answers (1)

EL-29050242-0 40 on at

Like (0)

Report

How can I create a PO in Foreign/Different Currency?

Thank you so much sir.

Have a great day.
Verified answer

andreasraithel 4,823 Super User 2024 Season 2 on at

Like (1)

Report

How can I create a PO in Foreign/Different Currnecy?

Hy,

the Currency for PO is basically inherited from the Vendor Master data to the PO. In the PO Header the Currency can be changed for this PO on the "price and dicount" fasttab.

Indeed there can be currency exchange rate difference accounts be configured.

May be this helps:
Set up exchange rates for currency transactions - Finance | Dynamics 365 | Microsoft Learn

Exchange adjustment - Finance | Dynamics 365 | Microsoft Learn

Hope this helps

Helpful resources

Quick Links

Leaderboard

#1

André Arnaud de Cal... 291,269 Super User 2024 Season 2

#2

Martin Dráb 230,198 Most Valuable Professional

#3

nmaenpaa 101,156

Leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans