Credit Card Charges

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Currency Default Logic:

 

•Currency defaults to the Purchased From Currency.  If the vendor does not have a Currency defined, then Currency defaults to Company Setup Base Currency.

 

•Currency Rate Type defaults to the Purchased From Default Rate Type.  If the vendor does not have a Default Rate Type defined, then Currency Rate Type defaults to Company Setup AP Default Rate Type.

 

•Effective Date defaults to the effective date of the most recent rate defined in Currency Rate for the Currency and Currency Rate Type where Currency does not equal Company Setup Base Currency.  If Currency is equal to Company Setup Base Currency, then Effective Date defaults to the current business date.

 

•Rate defaults to rate of the most recent rate defined in Currency Rate for the Currency and Currency Rate Type where Currency does not equal Company Setup Base Currency.  If Currency is equal to Company Setup Base Currency, then Rate defaults to 1.0.

 

Currency Override Logic:

 

•If Company Setup Allow Vendor Currency Override is checked, you can modify the document currency for a vendor for which you have assigned a foreign currency.

 

•If Company Setup Allow Vendor Rate Type Override is checked, you can modify the document currency rate type for a vendor for which have assigned a currency rate type.