Microix Requisition Module | How Does Microix Handle Multi-Currency?
Microix has the ability to select the currency to the AP
invoice transfer dialog box. Users creating the PO in Microix will enter the
value based on their own currency.
For example, if they are purchasing an
item for 100 Pesos, they will enter 100.00. If someone in another country
enters a PO for 1000 Rupees, they will enter 1000 on the Microix PO. The
Workflow will determine the originating currency. When transferring to MIP, the
AP person will choose the current destination and if all currency mapping is
setup in MIP, then it will perform the conversion calculation upon transfer.
(Microix will perform the conversion calculation based on the MIP multi-currency module setup and no additional action is required before posting.)
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