Reviewing Foreign and Domestic Currency

You can review amounts in both foreign and domestic currencies using the Foreign field on the PO Receipts form. If you change costs for an order line, ensure that you do so in the appropriate currency mode.

You can use processing options for PO Receipts to specify how to use the exchange rate. For example, you can:

• Use the exchange rate that applies on the general ledger date.

• Prevent changes to the exchange rate.

When you receive orders in a foreign currency, the system creates journal entries for two different ledgers:

• The AA ledger for base currency amounts.

• The CA ledger for foreign currency amounts.