Tech Note: Understanding the Multi-Currency Features in RMA and RTV

1. The Return Merchandise Authorization module’s multicurrency transactions are controlled by the Accounts Receivable module. This means that activating the multi-currency feature in the Accounts Receivable module also activates the same feature in the Return Merchandise Authorization module. Once it’s activated, you may record multi-currency sales return transactions in the Return Merchandise Authorization module. You can also transfer from the Return Merchandise Authorization module to General Ledger the multicurrency transactions in both home and foreign currencies.

Article # 1348: Understanding the Multi-Currency Feature in Return Merchandise Authorization discusses how to maximize the use of the multicurrency feature in the Return Merchandise Authorization module. This document also lists the Return Merchandise Authorization reports that display values in both home and foreign currencies.

2. The Return to Vendor Authorization module multi-currency feature is automatically activated when the same feature is activated in the Purchase Order module. Using the Return to Vendor Authorization module, you may create, receive, ship, and complete RTV orders in foreign currencies and transfer these multi-currency transactions to General Ledger in both home and foreign currencies.

Article # 1349: Understanding the Multi-Currency Feature in Return to Vendor Authorization explains how you can activate and set up the Return to Vendor Authorization module multi-currency feature. It also lists the Return to Vendor Authorization reports that display the transactions in both home and foreign currencies.