Converting a Foreign Currency Value to Base Currency

When you specify a foreign currency on a purchase requisition (PR) or purchase order (PO), the system calculates two values:

 

Example: 

Your base currency is US$ (US dollar). You enter a PR for gaskets, to be ordered from a French company.

  1. On the PR tab, you choose EUR (Euro) in the Currency field.

  2. On the PR Lines tab you enter:

Using the active exchange rate of 1.17726 for the EUR, the system calculates two values and displays them on the PR tab:

.