You should first establish Foreign Currencies via File>Financial Configuration>Currency Codes. The next step is to identify the Currency Code against the Supplier. Therefore go into Purchasing>Suppliers and ‘check’ the ‘Foreign Currency’ checkbox and then select the Currency under field ‘Currency Code’.
Click on ‘Pricing’ on the top toolbar and select Item Pricing or Descriptor Pricing as required. Highlight the Item (or Descriptor) and click on the ‘Buy Prices’ tab in the middle of the screen. Click the ‘Add’ button and add the above Supplier to the Buy Price list. You will notice that:
- ‘Currency Code’ is the currency of the Supplier
- ‘Unit’ is the Unit of Measure that the Supplier will supply the Item
- ‘Conversion’ converts the Supplier’s UOM qty to the Item’s base Unit of Measure
- ‘Supplier Code’ is the normal Item or Descriptor Code used by the Supplier
- ‘Supplier Description’ is the normal description of the Item used by the Supplier