Ideas for Acumatica

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Purchasing / AP Contract Currency Exchange Rate

Companies that make large purchases from other countries with a long delivery time based on a customer request often contract for the equipment or materials at a fixed exchange rate or contract exchange rate.  Regardless of when they receive the goods the exchange rate remains constant.  This allows them to have a fixed price they will pay in the foreign currency and the price they charge their customer for the goods in another currency.  Buy in JPY and sell in USD.   It would be helpful to have a feature in Acumatica to setup a Contract Exchange Rate under a specific currency for a specific PO that would automatically flow through to the PO Receipt and AP Bill.

  • Joel Gress
  • Aug 3 2017
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