Setting Up A Foreign Currency for a Product

Organizations that choose to sell products in multiple currencies must configure prices for these products in each foreign currency. An organization can either specify a specific price for the product in a foreign currency or automatically derive the price based on the product's price in another currency using the latest Currency Spot Rate data in the system. When a product is selected for an order, the order process looks at the order's Currency Type field and then finds a price that has the matching currency type.

See Assigning Product Prices for information on specifying a product's prices in multiple currencies. See Using Currency Spot Rates for more information on currency spot rates.

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