Hello Guys,
We currently have the following scenario in our department:
- we issue the purchase order to our local supplier in EUR or USD and we are invoiced in local currency (RON) - because the local suppliers cannot invoice in different currency.
- the invoices are paid in local currency (RON)
At the moment, the current process in this company is the following - we have a contractual agreement in EUR, our quotations are received in EUR, we issue the purchase order to the supplier in EUR, we receive the invoice from the supplier in local (accounting) currency which is RON. The accountant changes the currency in the initial purchase order to RON and the prices get updated with the invoice date exchange rate.
The problem is that all the purcase orders issued to local suppliers in different currency than local currency are getting converted by accounting in local currency - is this normal?
I am aware that different ERP systems have the possibility to post the invoice in the local currency at a given exchange rate without influencing the purchase order currency .
Could you please give me a hand with this one as purchasing is losing all historical data prices because of these changes?
Does the microsoft AX 2012 has this possibility? It needs maybe an upgrade for it?
Thanks for your support!
