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Question

Price/Base calculation of the Purchase order

  • February 10, 2023
  • 5 replies
  • 195 views

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  • Sidekick (Partner)

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

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  • Superhero (Customer)
  • February 10, 2023

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.


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  • Sidekick (Partner)
  • February 10, 2023

@ShawnBerk ,

 

Thanks for the information.

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

 

Best regards,

Theja


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


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  • Superhero (Customer)
  • February 10, 2023

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


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  • Sidekick (Partner)
  • February 12, 2023

@Ravinatha Ariyarathna @ShawnBerk Thank you very much.


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