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currency convertion price list item question RRS feed

  • Question

  • My base currency is USD <that’s what I purchased the CRM 2011 online>

    All our products are in USD. If we need to sell a product to a customer Europe (will convert price per exchange rate)

    Assuming the following:

    Product A price is defined as $1000; standard, list and current costs are also $1000;

    Created Euro currency

    US to Euro currency exchange rate as 0.7

    How could we make the Euro price list to drive the US product prices and apply the exchange rate - in this scenario it will be 100 times 0.7 = 700 Euro?

    so that the quote or invoice will reflect the rate of 700 Euro per quantity?  Off-course I can input the converted currency equivalent of 700 euro for the price list amount?

    Sunday, August 7, 2011 2:40 PM