An invoice is in a foreign currency if the currency in the invoice is different from the local currency defined for your company code.

The buyer enters the currency in the purchase order when placing an order with a foreign vendor. Usually you receive an invoice in the currency specified in the purchase order, but you can also enter the invoice in a different currency.

Before you can enter an invoice in foreign currency, the following settings must be made in your system:

• The currency in which you enter the invoice must be defined in the system.
• An exchange rate between the foreign currency entered and your local currency must be stored in the system. Different exchange rates can be defined for different periods.

You enter an invoice in foreign currency as follows:

1. Enter the required data on the Logistics Invoice Verification screen.

2. Check that the currency for the gross invoice amount is correct. The default currency is the local currency for your company code.

3. If you want the system to automatically determine the exchange rate, proceed with step five.

4. If you want to enter or check the exchange rate, choose Goto ® Document header.

5. Enter the exchange rate.

6. Choose Back.

7. The initial screen for Logistics Invoice Verification appears.