Do not divide Rates with Exchange Rate

YouTube: How to Prevent Rate Division by Exchange Rate in Purchase Orders?

How to Prevent Rate Division by Exchange Rate in Purchase Orders?

This tutorial explains how to prevent the system from automatically dividing Item Rates using the Exchange Rate in Purchase Orders in Logic ERP. This feature helps retain the original Item Rate defined in the Lot, regardless of the selected currency conversion settings.

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Objective of This Feature

• Prevent automatic rate division using Exchange Rate

• Preserve original Item Rates during Purchase Order entry

• Improve pricing accuracy in foreign currency transactions

• Maintain consistency in Item Rate calculations

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Understand Default Behavior

Transaction Process

• Initiate a New Purchase Order Entry.

• Select the required:

  • Rate Conversion / Exchange Rate.

• Proceed to the Item Details Section.

• Enter or scan the Item.

Default System Behavior

• The software automatically:

  • Divides the Item Rate according to the selected Exchange Rate defined in the conversion settings

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Enable Restriction for Rate Division

• Open the Purchase Order Configuration Window

• Navigate to Other Settings

• Locate and enable the option labeled as:

“Do not divide Rates with Exchange Rate”

• Save the configuration.

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Implement Functionality

Transaction Process

• Create a Fresh Purchase Order Entry

• Select the same:

  • Rate Conversion / Exchange Rate

• Proceed to the Item Details Section

• Enter or scan the Item again.

System Behavior

• The software no longer:

  • Divides the Item Rate using the Exchange Rate.

Result

• The original Item Rate defined in the Lot is picked directly.

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Key Benefits

• Maintains original Item pricing

• Prevents unwanted automatic rate calculations

• Improves accuracy in international procurement transactions

• Provides better control over rate handling

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Best Practice Tips

• Use this feature when Item Rates should remain fixed regardless of currency conversion

• Verify Exchange Rate settings before processing transactions

• Review pricing policies for imported or foreign currency items

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Final Outcome

• Item Rates are no longer divided by the Exchange Rate

• Original Lot Rates are retained during Purchase Order entry

• Improved pricing accuracy and transaction control

• More flexible handling of foreign currency Purchase Orders