Question

Price/Base calculation of the Purchase order

  • 10 February 2023
  • 5 replies
  • 114 views
T
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  • Thej
  • Sidekick (Partner)
  • 35 replies

Hi experts,

Appreciate it if anyone can explain me on how system is calculating the  Price/Base of the purchase order.

 

Thanks in advance.

Theja

5 replies

S
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Userlevel 7
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The spot rate currency in effect (Currency Rates) is used to convert the PO value from the site currency setting (Price/Base) to the currency of the PO (Price/Curr).  In this case, the PO is in USD, so the site base currency must be something else and the currency rate for that conversion from USD to Base is the factor.

T
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Userlevel 3
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@ShawnBerk ,

 

Thanks for the information.

From where can I find the site based currency as you explained above?

 

Best regards,

Theja

R
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Userlevel 6
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Hi @Thej  It will be the Company Accounting Currency which you can find from Company > Accounting Rules tab. Thanks.

S
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Userlevel 7
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Thank you @Ravinatha Ariyarathna I was not able to respond in a timely manner.

T
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Userlevel 3
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@Ravinatha Ariyarathna @ShawnBerk Thank you very much.

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