How to make Purchase payment in foreign currency like USD GBP or EURO
Most companies in Saudi UAE or Qatar import from foreign countries. They need to make payment in foreign currency and keep record. 1- Invoice is in Euro/USD 2- Supplier default currency is Euro/USD 3
For sending money in Dollars/Euros to the supplier, Their default payable account should be in Dollars .
1- Create a payable account with foreign currency. Current Liabilities -> Creditors(USD) .
2- ON the supplier master, change default payable account into the accounts created on previous step.
Please see the screenshots below.
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