Examples: Foreign currency
Order with Foreign Currency Amount
Orders app
Create order
Create POL:
Before saving & opening
POL number "Accordion Cost Details"
Price physical resource: 100
Currency: GBP
Discount: 5%
Estimated price: 95 pounds
Finances App
Invoices app
Option 1: Invoice is process in primary currency
Rechnung eines Lieferanten anlegen
Accordion Additional information -> Currency: EUR
Add POL /
Confirmation that the costs are recorded in the currency specified on the invoice
After confirmation, the invoice item does not show €110.66 from the commitment but €95.00 from the estimated price or amount field and is marked with a EUR sign (only pounds were exchanged for EUR)
Example:
After invoice approval amount is corrcted in Finance app accordingly.
Example:
Problem:
When creating the invoice line, the converted "estimated price" or "amount" (encumbrance) from the order item is not used, but the original price with incorrect currency specification
The correct amount from the commitment is not used
The payment is therefore incorrect
Variant 2: Invoice is processed in foreign currency (e.g. GBP)
Create vendor invoice
Accordion Additional information -> Currency: GBP
Add POL
Correct entry in foreign currency
no more reference to EUR price → the encumbrance in the finance app is still correctly shown as € 110.66
Example:
Problem:
Additional costs cannot be billed in the primary currency (EUR).
Currency differences cannot be settled in the primary currency (as additional costs or similar). However, it is possible to update the invoice amount by adjusting the exchange rate, which usually has to be calculated first (see note)
Note to option 2: Currency differences can be adjusted using the "Apply fixed exchange rate" function:
Check "Apply fixed exchange rate" and set the new "Set exchange rate"