Manage More Than One Currency

Allow your users to select from more than one currency in a single sales order.

In this example, you set up Pricing so your users can order the AS5488 desktop computer from Computer Service and Rentals in the USD currency or Yen currency.

Summary of the Steps

1. Examine predefined behavior.

2. Create pricing strategies.

3. Assign pricing strategies to pricing segment.

4. Test your set up.

This topic uses example values. You might need different values, depending on your business requirements.

Examine Predefined Behavior

1. Make sure you have the privileges that you need to manage sales orders.

2. Go to the Order Management work area, then create a new sales order.

   Attribute	value
   Customer	Computer Service and Rentals
   Item	AS54888

3. On the order header, click Actions > Edit Currency Details.

4. In the Edit Currency Details dialog, click the down arrow for Order Currency, and notice it includes only US Dollar.

5. Click OK, then sign out of Order Management.

Create Pricing Strategies

Create two pricing strategies. One strategy will default to USD, and the other will default to Yen.

1. Go to the Pricing Administration work area, then click Tasks > Manage Pricing Strategy.

2. Create a pricing strategy.

   Attribute	Value
   Name	Pricing Strategy for USD
   Business Unit	Computer Service and Rentals
   Default Currency	USD US Dollar
   Objective	Allow user to select USD
   Allow Currency Override	Contains a check mark.

3. Create another pricing strategy.

   Attribute	Value
   Name	Pricing Strategy for Yen
   Business Unit	Computer Service and Rentals
   Default Currency	JPY Yen
   Objective	Allow user to select Yen
   Allow Currency Override	Contains a check mark.

Assign Pricing Strategies to Pricing Segment

1. On the Overview page, click Tasks > Manage Pricing Strategy Assignments.

2. Immediately below the page title, click Actions > Add Row, then set the values.

   Attribute	Value
   Assignment Level	Header
   Pricing Context	Sales
   Transaction Type	Sales Orders
   Start Date	Select today's date.

3. Click Save.

4. Click Create Assignment Matrix.

5. In the Create Assignment Matrix dialog, add a check mark to each option, then click OK.

6. In the Header-Sales-Sales area, click Actions > Add Row, then set the values.

   Attribute	Value
   Channel Method	Inside Sales
   Pricing Segment	Corporate Segment
   Transaction Type	Sales Order
   Pricing Strategy	Pricing Strategy for USD

7. Click Actions > Add Row, then set the values.

   Attribute	Value
   Channel Method	Inside Sales
   Pricing Segment	Corporate Segment
   Transaction Type	Sales Order
   Pricing Strategy	Pricing Strategy for Yen

8. Click Save and Close.

Test Your Set Up

1. Sign into Order Management, then create a sales order.

   Attribute	value
   Customer	Computer Service and Rentals
   Item	AS54888

2. On the order header, click Actions > Edit Currency Details.

3. On the Edit Currency Details dialog, click the down arrow for Order Currency, then verify you can select US Dollar or Yen.