The foreign currency feature enables you to receive stock from suppliers in the suppliers own foreign currency and also distribute goods to customers in their own currency.
You must have Foreign Currencies configured in mSupply if you are using this feature. You set them up using Currencies. Once this is done, follow the steps below.
- From the Navigator click drop down menu Special> Show Stores… double click to select the store in which you want foreign currencies to be used and in the window that appears hit tab Preferences. - Check Store mode: Able to issue in foreign currency. - Click OK and return to the mSupply Navigator.
- From the Navigator choose Customers > Show Customers. - Locate the Customer and double-click it. In the window that appears click the General tab and in Currency drop-down list (top-right) select the appropriate currency for that Customer. - Click OK to return to the Navigator and do the same for the Supplier if required.
Instructions in these section to be update
In this example, our store operates with Australian dollars (AUD) as the local currency, and is making a purchase from a European supplier which uses the Euro (EUR)
The columns headed Price FC and Extension FC in box 2 above show the cost price of goods to you in Euros - i.e. the Foreign currency which the supplier uses, while the figures in the columns on the right show the prices in Australian dollars - i.e. your local currency.
In our example, the supplier uses Australian dollars (AUD), and is creating an invoice for Highland Health Centre which uses Solomon Islands dollars (SBD).
In our example, the supplier, International Dispensary, uses Euros (EUR), while we use Australian dollars (AUD).
In our example, the supplier uses Australian dollars (AUD), and is creating a credit note for Highland Health Centre which uses Solomon Islands dollars (SBD).
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