PO Received in LCY instead of FCY

Beatrice

Hi,

A user has posted the receipt on a PO in local currency when it should have been in foreign currency.

The Posted Purchase Receipt cannnot be reversed because the items on the above PO have already been shipped.

Another problem arise at the time of invoicing since the user cannot match the invoice with the purchase receipt because the invoice should be entered in FCY while the receipt is in LCY.

Please Advise.

Thanks and Regards,
Beatrice.

AdamRoue

Process the invoice in LCY, load a credit note in LCY direct to a GL, load an invoice in FCY to reflect the value of the invoice. Obviously you will have no inventory transactions so you will have to revalue every item on the purchase invoice. I think this will work from memory, but obviously run a test first.