Exchange rate for supplier invoices

Requirement

In this country, recalculation from a foreign currency to the local currency during accounting is required by law.

M3 solution

This requirement is handled in ‘Supplier Invoice. Record’ (APS100) at the accounting date. A change has been made to retrieve the exchange rate in (APS100) based on the accounting date rather than on the invoice date. This change is hard coded and cannot be modified.

The exchange rate in M3 is retrieved by invoice date from the rate tables. The rule is not defined by any parameter.

Configuration guidelines

Not applicable.