Currency conversions in ACCOUNTING

Currency that is used in the billing line of the voucher in the voucher items tab..

Total amount of the voucher that is used in the voucher header data tab.

The field calculation factor → Division indicates that a reverse currency conversion should take place.

→ The reverse exchange rate is used in the outgoing voucher if the total amount of the voucher is not the local currency and if currencies other than the total amount of the voucher are used in the billing lines. The total currency of the voucher must be divided by the currency from the billing lines.

The field calculation factor → Multiplication indicates that a currency conversion should take place.

→ If a foreign currency is entered in the Currency field on the voucher header data tab in the Invoicing (for the total amount of the invoice), the exchange rate appears and calculates 1 foreign currency = x foreign currency. The rate is based on the foreign currency and the total amount of the voucher is multiplied.