Vouchers in a Foreign Currency

If the vouchers in a payment group are in a foreign currency, the system converts the foreign currency to the domestic currency using the exchange rate that is in effect on the date that you run the Create Payment Control Groups program (R04570). The program uses the Payment Currency processing option to determine whether to pay the withholding voucher in the domestic or foreign currency.

If you enter a value of 2 or 4 in the Payment Currency processing option, the system pays the withholding voucher in the foreign currency. If you leave the processing option blank or enter 3, the system pays the voucher in the domestic currency.

Note: (Release 9.2 Update) In the A/P Payment Processing - Detail (F04573) table, the payment voucher displays the old exchange rate, and the withholding line displays the current exchange rate.