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
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Examine predefined behavior.
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Create pricing strategies.
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Assign pricing strategies to pricing segment.
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Test your set up.
This topic uses example values. You might need different values, depending on your business requirements.
Examine Predefined Behavior
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Make sure you have the privileges that you need to manage sales orders.
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Go to the Order Management work area, then create a new sales order.
Attribute
value
Customer
Computer Service and Rentals
Item
AS54888
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On the order header, click Actions > Edit Currency Details.
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In the Edit Currency Details dialog, click the down arrow for Order Currency, and notice it includes only US Dollar.
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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.
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Go to the Pricing Administration work area, then click Tasks > Manage Pricing Strategy.
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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.
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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
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On the Overview page, click Tasks > Manage Pricing Strategy Assignments.
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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.
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Click Save.
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Click Create Assignment Matrix.
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In the Create Assignment Matrix dialog, add a check mark to each option, then click OK.
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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
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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
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Click Save and Close.
Test Your Set Up
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Sign into Order Management, then create a sales order.
Attribute
value
Customer
Computer Service and Rentals
Item
AS54888
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On the order header, click Actions > Edit Currency Details.
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On the Edit Currency Details dialog, click the down arrow for Order Currency, then verify you can select US Dollar or Yen.