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Hello,
We have created one Purchase quote in RMB (set the default currency in qupte to RMB) and our default currency is Euro. When I go to "Purchase Prices" in Item it shows price in RMB & not converting it to Euro.
Do I need to do anything explicitely to convert the purchase quote prices in local currency?
Thanks in advance.
Hi, as mentioned by Sai, the standard function of printing quotations, orders, etc., only displays the currency amount on the order, not in the local currency. But if you need it, I think you can customize it.
Hope this helps as well.
Thanks.
ZHU
Price conversion to Local Currency (which I understand to be EUR from your case) doesn't happen automatically in 'Purchase Prices' page unless you create one for EUR. You might need to personalize the screen to add the field 'Currency Code' to your page to see this.
Price conversion to Local currency ONLY happens when the entry is posted to the General Ledger, provided you have the exchange rate setup in the 'Currencies' page.
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