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Exchange Rate by Invoice

trintrin Member Posts: 110
Hi,

Is it possible to specify exchange rate by invoice? I knew that you can enter the exchange rate on the currencies table but that rate affect all the transactions for that currency on that day. Can we adjust exchange for individual purchase invoice?

Thanks

Answers

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    ara3nara3n Member Posts: 9,256
    Yes. The exchange rate is stored on sales header table. you can change it on order by order basis.

    The currency exchange rate has a date field so that it will only effect new orders and not existing orders. I suggest you use this option.
    Ahmed Rashed Amini
    Independent Consultant/Developer


    blog: https://dynamicsuser.net/nav/b/ara3n
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    ssinglassingla Member Posts: 2,973
    The exchange rate fluctuates many times in a day. It is not always possible for the company to feed the exact rate at the time of the transaction. Therefore accounting standards allow you to define a average rate for a week/month. In that case you should use date option in the currency exchange rate table/form. If the client insist on accurate feeding then you should change the rate on the sales invoice header as narrated in the above post.
    CA Sandeep Singla
    http://ssdynamics.co.in
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    trintrin Member Posts: 110
    THANKS!! :D It worked!
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    ara3nara3n Member Posts: 9,256
    You are welcome. could you change the title of the thread to solved?
    Ahmed Rashed Amini
    Independent Consultant/Developer


    blog: https://dynamicsuser.net/nav/b/ara3n
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    trintrin Member Posts: 110
    I would be happy to if you can tell me how to change the title of the thread to solved.

    Thanks
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    ara3nara3n Member Posts: 9,256
    You need to go to the first thread, click on edit and change the subject and add [Solved] infront.
    Ahmed Rashed Amini
    Independent Consultant/Developer


    blog: https://dynamicsuser.net/nav/b/ara3n
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