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Credit Card Payment

  • 19 June 2021
  • 2 replies
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  • erin
  • Jr Varsity II
  • 103 replies

Hi Everyone

Not sure who can advise for below question related with corporate credit card - expenses claim.

As the credit card transaction involved with different currency , example: SGD , HKD and USD.

Understand that when we create expenses claim under corporate credit card , only one currency that we using  (the currency depend on what currency we set in employee profile)  .

If like my scenarios , there are 3 different currency, how should i create the entry under one expense claim?

Hope to hear from you soon .

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Best answer by ESTEPALINA 29 June 2021, 14:27

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ESTEPALINA
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Hi Erin,

 

You can enter an expense receipt in SGD expense currency paid with a corporate card in USD if Enable Currency Override is ON for the employee. The SGD amount will be recalculated into USD at the conversion rate specified in the expense receipt.

However, the claim currency can only be USD for corporate card expenses because the bank transactions are expected for reconciliation in this currency. The GL transactions will be created in USD and in the base currency of the branch of expense receipt, which can be the third currency (e.g. HKD).

You can find more information on the configuration for such process in this article:

https://help-2019r2.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=9c4c3211-321c-493c-b9f2-46d728aff321

Hope it helps.

Thank you!
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Hi 

Thank you very much for the reply .

 

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