Microsoft dynamics gp multi currency

The functional amount is adjusted to reflect the exchange rate at the time of billing. Therefore, the project budget bears the risk of any changes in the exchange rate. You can enter an originating currency in the Billing Currency ID field in the Contract Maintenance window and then create a multicurrency billing project.

However, this feature is available only for Time and Materials and for Fixed Price projects that have a fee. The currency that is entered on the contract in the Contract Maintenance window is automatically rolled down to the projects. All projects under the contract must be assigned the same currency. This currency cannot be changed. The button is disabled if an originating currency is entered in the Billing Currency ID field.

This behavior occurs because the change order functionality is unavailable on multicurrency billing projects. The only profit types that can be used on multicurrency billing projects are Billing Rate and None. The only fees that can be added to multicurrency billing projects are fees that use Fee Amount as their calculation method. The exchange rate that is entered in this window is used only for budgeting. This exchange rate is not used for actual transactions.

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Each member firm is responsible only for its own acts and omissions, and not those of any other party. Assign Currency Translation Types appropriately.

Thank you! Any more feedback? The more you tell us the more we can help. Can you help us improve? Resolved my issue. Clear instructions. Easy to follow. No jargon. Pictures helped. Didn't match my screen. Incorrect instructions.