Currency determination

The currency definitions for your company are defined in Financials & Supply Management. The base currency on a purchase order can come from the company level or the vendor level. You can select an alternate currency for a purchase order at the header level if your company is set up for multiple currencies.

Only one currency can be designated for items on a purchase order. These are additional currency options that can be used to create a purchase order:

• Revalue currency at payment time to capture changes that result from a fluctuating exchange rate.
• Set currency rate at PO entry, invoice approval, or receiving time.
• Override the default currency rate.