Skip to main content

Notifications

Announcements

No record found.

Microsoft Dynamics AX forum
Suggested answer

PO in foreign currency in project accounting

Posted on by 520

Hi,

Is there a way to change the exchange rate in PO that is created in project accounting?

I know that the default exchange rate is the one that is setup in exchange rate table.

But my client wants to use a different exchange rate for specific PO only.

Pls advise.

Thanks.

  • marypeace Profile Picture
    marypeace 520 on at
    RE: PO in foreign currency in project accounting

    Thank you for introducing to me this experience.dynamics.com/.../ site.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: PO in foreign currency in project accounting

    Good morning marypeace,

    I think the only way would be posting something on the ideas/experience site.

    experience.dynamics.com/.../

    When making a suggestion there you need a justification and in my opinion the risk of over/understated committed costs could be a good justification as it can result in wrong decision making if the exchange rate fluctuation is large enough.

    Best regards,

    Ludwig

  • marypeace Profile Picture
    marypeace 520 on at
    RE: PO in foreign currency in project accounting

    Hi Ludwig,

    I'm just thinking if there is a way to change the default exchange rate in Project PO.

    Anyway, Thanks for always accommodating my queries.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: PO in foreign currency in project accounting

    Hi marypeace,

    Just double checked that and you are right.

    So, the effect of that is that your committed costs might be over/understated by the exchange rate different between the system rate and the rate you would like to have.

    Is there any other issue that you see?

    Best regards,

    Ludwig

  • marypeace Profile Picture
    marypeace 520 on at
    RE: PO in foreign currency in project accounting

    Hi Ludwig,

    You cannot change the default exchange rate in PO when you go to Purchase tab in the action pane>>click Totals.  The exchange rate is disabled.

    I can change the exchange rate during PO invoicing but during PO creation I cannot change the exchange rate.

    Thanks.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: PO in foreign currency in project accounting

    Hi marypeace,

    You should be able to change the default exchange rate in the PO header.

    Have you tried doing that already?

    Best regards,

    Ludwig

Helpful resources

Quick Links

Replay now available! Dynamics 365 Community Call (CRM Edition)

Catch up on the first D365 Community Call held on 7/10

Community Spotlight of the Month

Kudos to Saurav Dhyani!

Congratulations to the June Top 10 community leaders!

These stars go above and beyond . . .

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 287,914 Super User

#2
Martin Dráb Profile Picture

Martin Dráb 225,549 Super User

#3
nmaenpaa Profile Picture

nmaenpaa 101,148

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans