Purchase order value in Foreign currency

Finance and Operations/AX User Forum
1

Hi ,

Legal entity currency is INR and user creates the Purchase order in US currency , so in Purchase order form or report where is the option to view the both values like PO local Currency value and PO foreign Currency value ?

Thanks in advance.

2

PO Currency and Accounting Currency Values can be see together on Vendor Transaction Form or General Ledger after invoicing of PO.

3

a) User wants to view the values on the Purchase order level ?

b) Can you mention the field names in the Vendor transaction form or general ledger form ?

4

a) Customize the PO.

b) In the voucher transaction, there is field for amount in accounting currency and amount in secondary currency. If USD is secondary currency then you can see the transaction.

Pranav…

5

Hi lally,

A. If you want to view it at PO level, then Click on Inventory > Transactions > click on Ledger button > select Physical or Financial voucher… It will display the transactions.

B. Fields are : Amount Currency and Amount Secondary Currency… Amount Currency field will display your Primary Currency (INR in your case) and Amount Secondary Currency field will display Secondary Currency (USD)

If your Primary Currency is INR & Secondary Currency is in USD, then all the transactions can be viewed in both currencies. USD currency will be depended upon the Exchange rate setup how much you setup at GL> Exchange rates form.

6

Just add one column at PurchLine with logic of conversion to Company Currency.

It will be helpful for user to see at the PO Level.

7

Thanks to all of you for the support.

So AX 2012 does not support the Purchase order value in Company currency and transaction currency .

8

[:D] Of course it supports this concept as discussed above. What you do not like is you cannot “see” this in the place you want to see it. You can load a purchase order in a foreign currency and transact and currency is calculated so it works. Where it does not work for you is where you want to visibly see the currency comparison.

9

Can you tell me how does it work in AX ?

At least some where ( Either report or Form / Page) system need to have the provision in the PO Level . But is it missing and needs to be developed.

Exactly it is not a currency comparison , but user need to aware of the PO value in the company currency also.

10

Hi, Same wants to convert USD transaction in to INR it means transaction currency to INR for CustAccountStatement report,reporting currency always must be INR only…any suggesion will be helpfull…

Thanks in advance