AP Payment Processing - Foreign Currency

You can include foreign currency suppliers on payment runs. You can create either single or multi-currency payment schedules.

When you link transactions to a multi-currency schedule, you can view payment values in the base and foreign currency using the Currency Details List screen MGGI.

You can only produce multi-currency schedules for the payment media tape and funds transfer. You cannot produce multi-currency cheque schedules. For multi-currency cheque payments, you must specify the individual currency of the cheque schedule when you create the manual schedule or set up the appropriate payment code. See Setting Up Common Controls & Setting Up Accounts Payable for payment code information.

NOTE The menu path shown is the default for the system. Your company may have customised menu options, so the path shown may not be accurate. Please contact your system administrator for details.