Skip to Content
Product Information
Author's profile photo Maya Shiff

Set Exchange Rate for Purchasing Docs

Foreign currencies always raise the level of complexity in business. There are the initial settings of currencies, accounts, and business partners, the ongoing maintenance of exchange rate table, an much more.

Since exchange rates can be very dynamic, the dates used when recording transactions in foreign currencies are very significant. When it comes to purchasing documents, SAP business One enables you to choose whether to use the exchange rate recorded on the posting date or on the document date:

No alt text provided for this image

By default, “Posting Date” is selected. You can change this option at any time, and if needed you can change the rate in a given document when creating it.

Available in SAP Business One, version for SAP HANA and SAP Business One. This tip and all the other tips are available on the Tip of the week community page. You can also visit the Implementation Arena for useful implementation tips.

Assigned Tags

      Be the first to leave a comment
      You must be Logged on to comment or reply to a post.