If you purchase from a vendor in one currency and submit payment in another currency, you can apply the payment to the purchase.
You must specify to what extent you want to allow the application of entries in different currencies.
Open the Purchases & Payables Setup
window.
On the General tab, in the Appln. between Currencies field, select one of the following options:
None |
Application between currencies is not allowed |
EMU |
Application between EMU currencies is allowed |
All |
Application between all currencies is allowed |
Close the window.
Applying Vendor Ledger Entries in Different Currencies to One Another
Allowing for Rounding Differences when Applying Entries