ANS-1926 · PURCHASE & VENDOR MANAGEMENT
How to Change Purchase Order Currency Based on Vendor Setup in NetSuite?
NetSuite allows users to modify the currency on a purchase order, provided the associated vendor record is configured with multiple currency options.
Short answer
To change a purchase order's currency in NetSuite, ensure the vendor record has multiple currencies enabled. Navigate to the vendor record, then to the Financial subtab, and configure additional currencies under the Currencies subtab. Once set up, the purchase order will allow selection from the vendor's available currencies.
Scenario
Users often need to issue purchase orders in a currency different from their base currency, especially when dealing with international vendors. The challenge arises when attempting to change the currency on a purchase order, only to find the option unavailable or limited to a single currency. This typically occurs when the vendor record is not configured to support multiple currencies.
Solution
The ability to change the currency on a purchase order in NetSuite is contingent upon the vendor record being configured with multiple currencies. To enable this functionality:
Navigate to the specific vendor record.
Access the Financial subtab.
Within the Financial subtab, locate and configure additional currencies under the Currencies subtab.Once the vendor record is set up with more than one currency, the purchase order associated with that vendor will allow users to select from the configured currencies.
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