Setting Up Multicurrency Accounting in Order Entry

If you use multicurrency accounting, you set up the currency information for your Order Entry system in Common Services and Accounts Receivable. When setting up Order Entry, you need only make sure the currencies in which you bill your customers have been added to the Currency forms in Common Services.

You need to add currency information only when:

• Setting up a miscellaneous charge or entering a transaction for a customer who is not yet defined in Accounts Receivable. You specify the currency for the charge record or transaction by the tax group you select.

• Changing the default exchange rate on a transaction. Order Entry displays the exchange rate that is entered in Common Services for the transaction date, but you can change to a rate that is specified in Common Services for another date or rate type.

• Recording a prepayment. You can add prepayments in any currency you have defined for your Sage ERP Accpac system.

Some Order Entry reports can also include source and functional-currency (home-currency) information.

See also

 

Steps for setting up Order Entry