With reference to LCS Issue823033
When Reporting currency and Transaction currency differ, while the postings occur on different dates, it has been observed that the 'Landed cost Goods in transit' is not correctly cleared, voucher transactions being unexpected.
The difference arises due to the exchange rate on the arrival journal date being different from the one on the date of the Purchase Order Invoice.
Dual Currency and its consistency, is highly needed in business processes, being a very common need.
Many business processes would highly benefit from and enhancement in this area.'
Comments
Two hands up for this one!
In the modern day, having multinationals and local currency reporting i.e. Mexico accounting currency needs to be MXN to work for localisation, however reporting currency needs to be USD as it is the functional currency. The landed cost module comes in short.
Probably need the inventory book to be dual currency first to start with to get this one of the ground(weighted average, manufacturing company not on the roadmap for global accounting add-in)
Category: Transportation Management