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Costs will be entered in your vendor's currency when it is different from the company's currency. This article explains how this option works from the different Accounts Payable screens.

• Komet allows users to set up an exchange rate in case the vendor has a different currency. This option is only available when the Multicurrency setting is enabled. For more information, please visit: Exchange Rate Setup and Vendor's Currency Setup.
• Sales and procurements users will enter costs in the vendor's currency while creating Standing Order, Prebooks and Purchase Orders.

If a given vendor has a different currency, the system will display it while entering the AWB Cost components. Notice that you will have to enter the cost on your vendor currency and the system will automatically convert the amount to your company's currency. Once you add the cost, the system will display both the amount in your vendor's currency and your company's currency. By hovering the mouse over your company's currency, the system will display the exchange rate set up at the moment the vendor invoice was uploaded.

If a given vendor has a different currency, the system will display this information on the Inbound Truck Reconciliation screen while entering the invoice of the Truck Freight cost. If this is the case, you will have to enter this freight in your vendor's currency. Once the information is saved, the system will calculate the amount to pay based on your company's exchange rate. By hovering the mouse over your company's currency, the system will display the exchange rate set up at the moment the vendor invoice was uploaded.

If a given vendor has a different currency, the system will display this information on the PO Reconciliation screen. While you are uploading Vendor Invoices, the system will ask you to enter the Total of the Invoice in your vendor's currency instead of your company's currency. Once the information is saved, the system will calculate the amount to pay based on your company's exchange rate. By hovering the mouse over your vendor's currency, the system will display the exchange rate set up at the moment the vendor's invoice amount is uploaded.

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