How to apply prepayment invoice to Standard invoice where Invoice currency is different ? Cross Currency Prepayment Application

 

Issue

There are many prepayment invoices in foreign currency which need to be applied to a ledger currency standard invoice but not being able to do this.
Is this the expected behavior?

Solution

Prepayment Invoice can be applied when invoice currency is same as standard invoice

Case: If you pay a prepayment in a currency that is different from the invoice currency, you can apply the prepayment to an invoice provided the invoice currency of the invoice and the invoice currency of the prepayment are the same.

For example, if you have the following payable documents:

  Invoice: Invoice currency = INR, payment currency = USD

  Prepayment: Invoice currency = SAR, payment currency = SAR

You can apply the prepayment to the invoice because both payables documents have an invoice currency of INR