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payment in a foreign curr. for a invoice with INR
Posted: Thu Sep 27, 2007 7:23 pm
by krajeshfun
can't we make a payment in foreign currency(Non-functional) to a Invoice which is having currency as INR(Functional) and the invoice is a validated one. If any solution or work-around post it.
Posted: Sun Sep 30, 2007 1:48 am
by sighakollianil
This is called multi currier's invoice .steps
first u should unable the fringe currency tab in the payables option
Then define the daily rates as we define in the MAC in the payables(need not go to gl)
then u go for normal steps as we do the payments to normal invoices
Thanks
Posted: Sun Sep 30, 2007 5:51 am
by cnubandi
Hai,
<u>Multi currency payments</u>
You may require purchases from other countries( USA),means invoice currency is USD,Our Functional currency is INR.Oracle allows you payment in USD and Account creates in INR.