Here is an example of processing a foreign vendor Invoice and paying it in foreign currency.

The following vendor invoices have been created in a foreign currency and posted. 

When processing payment, only 1 currency can be paid at a time. It is best practice to add the Currency field to the list view. This will provide easy sorting to pay all open A/P items of the same currency.

 

 

As payment is being made, the conversion rate can be entered here in the Currency Conversion Rate field, which will override the rate in the exchange rates table.

Once the batch is posted, any realized gain or loss will also post to the default “realized gain/loss on foreign currency” GL account.

 

 

 

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