Payments in Foreign Currency

[Former Member]

Dear Friends:

Company Code A is in US with USD as the Company Code currency. They have a Vendor that needs to be paid in Euros. How is this done in APP? What are all the settings that need to be done? Thank you.

[murali_h · Accepted solution]

Hi

Pls select Ranking Order in T.Code FBZP and enter the currency as EURO for the respective bank. This bank account will be selected for payments made in Euro

Thanks

Murali

[tarakesh_esarla]

Hi

In FBZP, payment method in paying company code

have one check box is there to allow the foregin currency allowed.

while running the f110 and exchage rate type in F110, system will take the EURO's

tarak

[Former Member]

Hi

In FBZP , Payment methods company step, tick for Foriegn currecny allowed. If you have mentioned currencies allowed in Payment methods country steps for payment method, then you will have to enter EURO as well. If no currencies are entered, all currencies will be allowed.

e.g for paymenmt method cheque, if no currency is enetered , then all currencies will be allowed otherwise you will have to specify EURO also

hope this helps

pushkaraj