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Session Id :
Finance | Project Operations, Human Resources, ...
Suggested Answer

Using different currencies for PO and Invoice

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Posted on by

Hi,

Can you raise a PO in USD and invoice in CLP? The reporting currency for this company is USD but the invoices have to be in CLP ( as per Chilean revenue).

Thanks for your support!

I have the same question (0)
  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi,

    If the PO is setup with a specific currency and you select the PO in the pending vendor invoice form then you will notice that the currency field is gray and no longer editable.

    Why is it that the currencies are 'switched' and why does the vendor not follow the what was agreed in the PO / PO confirmation?

    Best regards,

    Ludwig

  • Suggested answer
    Rahul Mohta Profile Picture
    21,032 on at

    PO invoice always goes as per PO currency

    it's a non-editable field out of box

    could possibly use rounding amount to capture FX differences

    pastedimage1589377707916v1.png

  • Community Member Profile Picture
    on at

    Hi Ludwig,

    Thanks for your reply. The contracts are done in USD but invoiced in CLP for revenue purposes.

    They are currently raising the PO in CLP with +-10% to allow for different FX rates but this may not always be accurate.

    Kind regards,

    Jessica

  • André Arnaud de Calavon Profile Picture
    301,020 Super User 2025 Season 2 on at

    Hi Jessica,

    Can you explain what is the real challenge with the revenue in CLP here? If you send an invoice in USD, it will have a revenue based on the exchange rate of that day. Potential exchange differences will be recognized during the settlement of the payment. Is your requirement to have these exchange changes also accounted towards the revenue of that order?

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hello Jessica,

    In addition to what Andre already mentioned, can you let us know whether those POs are related to projects?

    You mentioned contracts and I wonder whether you refer to project contracts.

    If you are using project contracts then you are free how you invoice your customer. The currency can be specified at the project contract.

    This currency can be different from the one that you use for creating purchase orders.

    Have you possibly investigated that already?

    Best regards,

    Ludwig

  • Suggested answer
    Rahul Mohta Profile Picture
    21,032 on at

    as Andre and Ludwig suggested, your project contract can be one currency and PO can be in other currency

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