We are testing how we receive, process and post invoices in foreign currencies and would like to know how other clients are processing foreign currency invoices in Concur.
We are a higher ed client and our ERP is Banner (Ellucian). We welcome any advice on this topic.
This subject is clunky for us as well. We process the invoice in concur in its foreign currency and leave the invoice in a hold batch in our ERP system until paid in USD and update the amount in our ERP. Unfortunately, there is a discrepency in our foreign vendors between our ERP and Concur. I wish invoice include the exhcange rate similar to the expense side. It would safe us a ton of headache.