HI,
We are a Import/Export distribution business, currently using online ERP cloud application, and want to move to B1 in the cloud.
I have a question around with the currency used on Inventory, can Product use a different cost currency, than the system currency used?
example, we use Philippine Peso (local currency) for sales, and purchase product in $USD from overseas suppliers.
How will this effect reporting, Stock Value Report, P&L, Balance Sheet, Purchase Orders, etc.
Thank you for any help with best practice on this topic
Peter