Has anyone Implemented foreign currency exchange rates in FACTS

Legacy Contributor

Has anyone extensively Implemented foreign currency exchange rates in FACTS?

We have a customer that has multiple foreign currency rates they deal with for both vendors and customers. They are looking for potentially automated rates calculated daily with PO, SO, Invoicing, AP.

jeff-christie

Kathy, not sure if anyone ever responded to you or if you still need this, but we've done a bit of changes regarding currency exchange in FACTS. Not sure what you mean by 'extensive'! I'm most familiar with PO/AP side. We have added changes to indicate a currency on the vendor and added a spot for exchange rates. The PO and AP doc ends up in the vendor currency then. I do recall storing the rate as part of APDOCH so that you could show AP in either the vendor or your domestic currency value. I'm not as familiar on the SO side, but I do know we end up printing multiple DSR's based on the currency of the customers..

I have found in dealing with several customers on this, that they all handle things differently.