You are here
Home > Accounts Payable > Processing Multicurrency > Entering a Multicurrency Manual Payment

Entering a Multicurrency Manual Payment

Entering a Multicurrency Manual Payment

Concept

A foreign currency payment is a payment that is in the foreign (transaction) currency of the voucher. When you enter a foreign currency payment, the following criteria must be met for the system to process the payment:

• The foreign currency of a payment must be the same as the transaction currency of the voucher.

• The base currency of the payment must be the same as the domestic (base) currency of the voucher.

 

To enter a manual payment in a foreign currency, you typically match the payment to a voucher or group of vouchers using the Payment With Voucher Match program (P0413M). This is the most common method of making payments, regardless of whether a foreign currency is involved.

 

Procedure

In this task, you will create a manual payment for a multicurrency voucher.

Step Action
Navigate to the Payment With Voucher Match program (P0413M) from the Manual Payment Processing menu (G0412).

Click the Manual Payment Processing link.

Click the Payment With Voucher Match link.

Use the Work with Payments form to review existing payment information.

Step Action
Click the Add button.

Use the Manual Payment Entry form  to enter manual payments with existing vouchers.

Step Action
Click in the Payee Number field.

Enter the desired information into the Payee Number field. Enter “4343“.
Click in the Bank Account Number field.

Enter the desired information into the Bank Account Number field. Enter “1.1110.BEAR“.
Click in the Payment Date field.

Enter the desired information into the Payment Date field. Enter “042216“.
Click in the Currency Code field.

Enter the desired information into the Currency Code field. Enter “EUR“.
Click the Form button.

Click the Pay Items menu.

Use the Select Open Pay Items to locate a voucher.

Step Action
Click the 11 option.

Step Action
Click the Select button.

Step Action
Click the OK button.

The payment has been posted.

Step Action
Click the Cancel button.

Step Action
Click the Close button.

You have successfully created a manual payment for a multicurrency voucher.

End of Procedure.

Ayman Refat
Over 20 years of experience in IT area, working as Oracle JD Edwards Developer with expertise in Windows Server, SQL Server and Microsoft Exchange Server, experience in Linux operating systems (Debian and Redhat), VMWare ESX / ESXi, Novell Netware, relational databases like Oracle 10/11g and backup solutions from Computer Associates. Large experience in high-end servers from Dell and HP, having the following certifications: Microsoft: MCP, MCSE, MCDBA, MCSA and MCT (2008 ~ 2013), Computer Associates: Technical Specialist – Storage and Backup Solutions,
http://www.AymanRefat.com

Leave a Reply

Top