Sample 1) If rates are not entered on a particular day, then foreign currency transactions will use out of date rates. ![]() The manual entry through the JD Edwards screen can become time consuming, even if you only need a relatively small number of currencies.Īs with any manual process, mistakes occur which can have a major impact on your business: Maybe currency pairs need to be created via a triangulation calculation from combinations of the various sources, and some even via triangulation from other triangulated rates. You are likely facing regular manual exchange rate entries through the standard JDE screen sometimes for 20+ currencies and/or from one or more sources. Sometimes there could be even a definite specific requirement for the source of rates for each currency pair. ![]() Examples include supplier invoices and payments, customer invoices and receipts, purchase orders and sales orders. If you use JD Edwards EnterpriseOne in an international multi-currency environment you are very much in need of currency exchange rates or exchange rate uploads to convert foreign currency transactions to the base currency of your organization.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |