Fixed rate when post invoice


When we should check the fixed rate when post the invoice? No exchange adjustment?


Purchase or Sales?


The exchange rates our determined in the General Ledger => setup => currencies. When you post an invoice in a foreign currency, this will be at the latest fixed rate (depending on the date offcourse).

After you’ve putted new rates in the table, you can run an exchange adjustment. We do it only on open customer invoices, open vendor invoices and the bank accounts.



And there is the possibility to define an exchange rate on a transaction, and fix it for customers - depends upon the requirements of sales or purchase.

As discussed previously.