Multi Currency / Setting Bank, Mode & Business Partner in Foreign Multi Currency

Multi Currency / Setting Bank, Mode & Business Partner in Foreign Multi Currency

Creating a Bank Account in Foreign Multi Currency



Info
Location
> Setup > Chart of Account

Info
Action
> Click SETUP activity
> Click ACCOUNTS
> Click CHART OF ACCOUNT module
> Select Bank 2
> Click EDIT
> DESCRIPTION rename Bank USD
> CURRENCY select USD
> BANK INITIAL enter CITI
> REMARK enter 123-45678-9
> Click UPDATE
> Close module

Creating a Payment Mode for the Foreign Multi Currency Bank



Info
Location
> Setup > Payment Mode

Info
Action
> Click SETUP activity
> Click ACCOUNTS
> Click PAYMENT MODE module
> Select Mode 2
> Click EDIT
> DESCRIPTION rename USD Bank
> A/C select Bank USD
> Click UPDATE
> Close module

Business Partner’s Default Multi Currency



Info
Location
> Setup > Business Partner

> Click SETUP activity
> Click CUSTOMER/VENDOR
> Click BUSINESS PARTNER module
> Select any Business Partner
> Click EDIT 

> CUSTOMER CURRENCY
> VENDOR CURRENCY
Currency Set at Business Partner is default purpose. User can change the Currency Type while issuing document
> Click UNDO
> Close module

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