Prebook Costs in Foreign Currency
In this article, you will learn how to see Prebook Costs for vendors with different currencies from yours.
User Roles: Admin, Sales Manager, Sales, Procurement Manager, and Allocations.
The features explained in this article are available when the Multi-currency setting is enabled. Please read Exchange Rate and Multi-Currency Setup and Assign a Currency to a Vendor for more information.
Costs in Vendor's Currency while Adding or Editing Prebooks
If you add a product to a Prebook for a vendor that uses a different currency, the system will automatically detect the currency and set up the exchange rate. This way, you can enter the cost in the vendor’s currency and the price in your company's currency.
This also applies when adding products in units and mixed boxes. Costs will be entered in the foreign currency. By hovering the mouse over the currency name, the system will display the exchange rate and unit cost in both the vendor and company currencies.
Costs in the Vendor’s Currency from the Prebook Summary
You can also see the costs in your vendor's currency (when different from your company currency) from the Prebook Order Details window.
Prebook Templates and Costs in Multicurrency
The system will convert and display the costs of products into the vendor currency (in case it is different from the company's currency) while using the Create a Prebook from a Template feature to create Prebooks.
Copy Prebooks and Split Prebooks
The system will also transfer costs saved in foreign currency to new prebooks created through the or features.