MRC setups in payables

[jairam.apps]

Hi all,

Can somebody explain ..what are the setups required in payables for MRC.


Thanks and Regards,
Jaiaram.

[AmanKhan]

Hi Jaiaram,

To use multiple currencies in payables :

Setup --> Options --> Payables Options -- Currency Tab
1. Enable Use Multiple Currencies
2. Specify Exchange rate type to as default type (optional)
3. Define GL Accounts for : Realized gain/ Loss/Rounding
4. Save.

Now u can Enter invoices and define new banks accounts in multiple currencies as enabled in GL.

Thanks,