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Vendor multi currency paiement and they have multi currency bank accounts themselves

  • 1.  Vendor multi currency paiement and they have multi currency bank accounts themselves

    Posted Aug 31, 2022 08:50 AM
    Hello dear community ;)

    We have a scenario where for a vendor file we :

    • issue PO's and process invoices in different currencies for this same vendor (ex.in  USD, CAD and EUR)
    • the vendor wants us to pay him in the corresponding currency (payment in currency of his invoices)
    • we do have banck accounts in those 3 currencies
    • the vendor also has a bank account for those 3 currencies on his vendor file

    We want to issue a payment proposal in each currency (use our currencey bank account and pay the vendor in his currency account = to invoices currency)

    What we know :

    It is possible to make a payment proposal using one of our 3 bank accounts, lets say we use EUR for the example.

    • we create the proposal with our EUR bank account
    • we indicate to consider only EUR transactions (for the USD and CAD invoices not to come out)
    • IS THERE A WAY FOR D365FO TO KNOW TO USE THE VENDOR'S EUR ACCOUNT without us having to select it ? (same for when we pay him in USD and in CAD)
    • we know we can manually change the vendor's bank accont on the paymeint proposal vendor line
    • BUT our payment proposal has a large number of vendors in this situation on a proposal that has hundread of vendors and all the rest have only one vendor bank account... we can't easily identify the ones to change.
    If any one has an idea, it would be appreciated !!

    ------------------------------
    Renel Morin
    Caisse de dépôt et placement du Québec
    Montréal QC
    ------------------------------


  • 2.  RE: Vendor multi currency paiement and they have multi currency bank accounts themselves

    Posted Sep 01, 2022 08:20 AM

    You can probably assign different vendor number for each currency account, define the currency for a vendor number and add the bank account for the same currency. This way when you do the processing of invoice you would not have to change the currency on the payment proposal.

     

     

    Florlita Garzon, ITIL, PMP

    D365 Functional Analyst

    Okuma America Corporation

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