Option will reverse the operation of the Monetary Exchange feature.

The original implementation of the Monetary Exchange feature uses conversion rates which represent how many units of foreign currency are equal to 1 dollar.

 

Activating option #155 will reverse the conversion calculation so that the rates you provide will represent how many dollars are equal to 1 unit of the foreign currency.

 

Depending on how the vendor is configured, the exchange rates associated with existing Purchase Orders may or may not be updated when those orders are received.

 

If the vendor is configured so that the rates update at receiving then any P.O.'s which already exist when this option is changed should correct themselves.

 

P.O.'s for vendors that are not configured to update during receiving will calculate item cost incorrectly.

 

•See the Vendor File Maintenance > Miscellaneous Tab  for Monetary Exchange Rate settings.

•See the System > Cost Price Utilities > Monetary Exchange for entrée Monetary Exchange options.