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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / A request to provide a...
Small and medium business | Business Central, N...
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A request to provide a solution for the difference currency problem

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Posted on by DA-04051316-0 34
Dear all
 
We use business central in our company. but there is a critical problem that causes stopping it. I try to explain mu problem using the following image:
 
as you can see in this picture, there is one purchase invoice issued in USD currency. But we decided to pay to vendor in two-part with two different bank account
one part is AED currency and another one is EUR. My problem is how we can pay each part for this invoice when their currency is completely different.
I mean is it possible to pay in this way? if yes how? I would appreciate if help me. thanks a lot.
 
Categories:
Business Central
Business Central
Business Central
  • Verified answer
    YUN ZHU Profile Picture
    YUN ZHU 73,698 Super User 2024 Season 2 on at
    A request to provide a solution for the difference currency problem
    Hi, hope the following helps as well.
    Dynamics 365 Business Central: How to disable Application of Ledger Entries in Different Currencies (Appln. between Currencies)
     
     
    Thanks.
    ZHU
  • Suggested answer
    Inge M. Bruvik Profile Picture
    Inge M. Bruvik 32,748 Super User 2024 Season 1 on at
    A request to provide a solution for the difference currency problem
    It is definitly possible to pay it this way but it will require some manual work and the exact solution may differ a bit from country to country and from bank to bank.
     
     
    But here is what I would do if I had this case in my country.
     
    First make sure that you have the correct setup in the Purchase and payables setup.
    Set apply between currencies to "ALL".
     
    Then perform these steps.
     
    1) Post the purchase order in USD.
    2) calculate manually how much I will have to pay in the AED currency and EUR Currency to pay the amount that would match the invoice amount in USD.
    3) Registrer manually payment advice in my online bank.
    4) Post manually the payment in AED and EUR as they are transfered from your bank account.
    5) Have the vendor confirm that they have received sufficient payment for the invoice.
    6) If there is any remaning amount on the invoice then post this as either currency gain or currency loss.
     
    I hope this helps you.
    Please circle back with follow up questions if you have any.
     

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