Introduction - Process sales and purchase documents in multiple currencies
After you have set up multicurrency, the process of creating and posting sales or purchase documents by using multiple currencies is basically the same as creating and posting documents that use your local currency.
However, during the transaction process, additional functionality to support multicurrency is available, including the ability to perform the following tasks:
Update the Currency Code when you enter documents.
Edit the Currency Exchange Rate, depending on your setup.
If the Fix Exchange Rate Amount field is set to Currency on the Currency Exchange Rates page, you can change the relational currency exchange rate.
If the Fix Exchange Rate Amount field is set to Relational Currency on the Currency Exchange Rates page, you can change the currency exchange rate.
If the Fix Exchange Rate Amount field is set to Both on the Currency Exchange Rates page, you won't be able to change the exchange rate of the currency or the relational currency.
Display amounts in both currencies in statistics windows.
View posted amounts in both currencies.
Watch the following video for a quick demonstration of processing a purchase order invoice in a foreign currency.