Multi-Currency
The Financial Transfer accounting configuration supports multi-currency processing.
Enables selling and purchasing with financial transfer
Multi-currency processing enables you to sell or purchase in foreign currency and to use the AR Voucher Transfer and AP Voucher Transfer screens to transfer foreign currency amounts and exchange rates to your financial accounting system.
Not available with Legacy Financials
If you are still on the Legacy Financial Modules accounting configuration, be aware that the AR-AP-Banking processes do not support any multi-currency processing. If you need foreign currency payment processing and gain/loss on foreign exchange posting, you must convert to the Financial Transfer accounting configuration and use a mainstream accounting package that supports AR and AP in multi-currencies.
Video - Purchasing in a Foreign Currency
Video - Selling in a Foreign Currency
Additional Resources