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Foreign Receiving Non requisition Method

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All supplier movement stored procedures and journals have been changed to adhere to the new division rules on how to handle exchange rate fluctuations.

For the division setting "Foreign Receiving Non Requisition Method"  (Order lines on which no account or node exists) and the value is "Order Value"

The order rate will be used for the journals (No Fluctuation)

 

For the division setting "Foreign Receiving Non Requisition Method"  (Order lines on which no account or node exists) and the value is "Create Shipment Document and Enforce Spot Rate"

A shipment document must exists for the order line and the rate cannot be zero

The shipment document's rate will be used for the journals and the difference between order line rate and the shipment document rate will be written to the over and under provisioning account (Dt or Ct) and the stock account will also be debited or credited with the rate difference.

 

For the division setting "Foreign Receiving Requisition Method"  (Order lines on which an account or node exists) and the value is "Order Value" The order rate will be used for the journals (No Fluctuation)

 

For the division setting "Foreign Receiving Requisition Method"  (Order lines on which an account or node exists) and the value is "Create Shipment Document and Stop If Requisition Is Exceeded"

A shipment document must exists for the order line and the rate cannot be zero the shipment document's rate will be used for the journals and the difference between order line rate and the shipment document rate will be written to the over and under provisioning account (Dt or Ct) and the account or node on the order line will be debited or credited with the rate difference if the actual amount on the requisition is greater than the required amount because of the fluctuation the required amount will have to be adjusted.

 

If forward cover applies on a foreign currency purchase order line then the division rules will be ignored and the journals will be written against the order line's rate.