Different currency in Commercial invoice and Export excise invoice

[Former Member]

Dear All,

Our company wants have EURO currency till commercial billing.

Of course, we need to maintain INR for Excise invoice and ARE1.

But Excise invoice will be created with reference to Commercial invoice only.

Then how this currency conversion will happen?

Is it enough if we maintain exchange rate only?

Since the commercial invoice is in EURO, by default the same currency should be copied to "Excise invoice". or By defualt system will create Excise invoice and ARE1 document in INR only.

Please clarify.

Regards,

Mullairaja

[Former Member]

Answered

[Former Member]

Please clarify

[Former Member]

Dear All,

If the currency in the "Commericial invoice" is different from the "Company code currency", while posting the amounts to "Accounting" which value will be considered?

Posting will be happened in Company code currency or Document currency?

Regards,

Mullairaja

Edited by: MullaiRaja on Jul 27, 2010 7:43 AM

[Lakshmipathi]

In case of exports, you will always have one accounting document where by default, it will be document currency with that value. On top you can see a tab "Display Currency". If you click, then system will show the value in Company Code currency.

No accounting document for excise invoice and hence, the question of document currency does not arise.

thanks

G. Lakshmipathi

[Lakshmipathi]

Excise Invoice currency will be Company Code Currency. For this, the required exchange rate conversion should have been maintained in ob08.

thanks

G. Lakshmipathi