Domestic Currency Invoices

An invoice is a domestic currency transaction when the transaction currency that you assign to it is the same as the base currency of the company that you enter on the invoice record. When you enter a domestic invoice, the system does not update or display foreign amount fields because no foreign amounts involved in the transaction.

For example, assume that the base currency of a company is U.S. dollars (USD). You enter an invoice for that company and assign a transaction currency of USD. The base currency of the company is the same as the transaction currency of the invoice; therefore, the invoice is domestic.