What is use multi-currency payment if enable in bank window?



What is use multi-currency payment if enable in bank window?..

Answer / sudhakar

See If you entered invoice with currency by considering INR. Then we use to make a payment in INR itself in Accounts payables Module. But in R12 Multi Currency Payments is the new topic. By using this feature we can do Multi currency payments across the operating units by defining currency conversion rates and we use to enable Allow Multi currency payments option at Ledger level and also we use to change currency at supplier site level in Invoice management TAB and also in Payment TAB as well. Later we can make a payment with different currencies with the help of currency conversion rates.

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