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sales contract - Currency Change

  • Apr 12, 2023 3:43 PM UTC
  • 4 replies
  • 110 views

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Can we able to change Sale contract Currency code after the contract is approved in IFS 10.

4 replies

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  • Superhero (Partner)
  • Apr 12, 2023 9:00 PM UTC

Hi @kpnprakash ,

Yes, it is possible to change the sales contract currency when the sales contract revisions are planned, approved, active. You can change the sales contract currency until the sales contract status is Active. Whenever you change the sales contract currency please make sure to perform Recalculate Contract Item Values which will fetch the right currency rate as per the new contract currency to calculate sales value in contract currency. Also, change in sale contract currency will not automatically update to sales contract line and you need to do this manually if you want to have sales line item currency same as new contract currency.

 

Regards,

Mithun K V 


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  • Author
  • Do Gooder (Partner)
  • Apr 13, 2023 2:29 AM UTC

Hi Mithun,

 

Thanks for the reply. Can you reply me with the process to change the currency in sales contract Header level. Thanks.


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  • Superhero (Partner)
  • Apr 13, 2023 5:43 AM UTC

@kpnprakash ,

You can change the sales contract currency just by choosing currency from the list of value as below

Then you can perform Recalculate Contract Item Value to recalculate the sales contract value for the new currency.

Regards,

Mithun K V


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  • Author
  • Do Gooder (Partner)
  • Apr 13, 2023 7:19 AM UTC

Hi mithun,

 

Thanks.