1. Multicurrency Processing Implementation Guide
  2. Voucher Foreign Currency

Voucher Foreign Currency

When you select the Voucher Foreign Currency method, you pay in the foreign currency of the voucher.

For example, you enter a foreign currency voucher in CAD for a company that has a base currency of USD. You enter another foreign currency voucher in CAD for a company that has a base currency of GBP. If you select this method, you pay the foreign amount of both vouchers in the foreign currency (CAD).

The system calculates a gain or loss between the foreign and domestic currency based on:

  • The GL date specified in the processing option for the Work with Payment Groups program. The system uses this date to retrieve the exchange rate in the F0015 table.

  • The exchange rate effective date specified in the processing option for the Work with Payment Groups program. If you leave this processing option blank, the system uses the GL date.