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.)



Creation date: 9/7/2023 12:00 PM      Updated: 9/7/2023 12:35 PM
Files
DataImage86.png
246.2 KB
Microix Inc. - Confidential/Subject to Change NOTE: Please contact us if attached file is missing (if applicable) send an email to sales@microix.net Tip: To zoom in, click on any image in this Article