Add currency valuation function so we can get an accurate value of inventory and material usage by asset in the UK and Mexico
eFP3 currently has no foreign currency functionality. This means we are unable to manage inventory in the UK & Mexico using the system. Similarly all material usage by asset reports are inaccurate.
In order to globally utilise eFP3 effectively and efficiently the addition of a foreign currency function is required.
This would enable reports to be run in various currencies or to convert all values into a single currency. This could be as simple as a one-time conversion at the point of raising the PO based on a monthly exchange rate.
Greenwood, John M.
shared this idea
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Tolliday, Ross
commented
Great idea John!
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Colin Loveless
commented
Very good idea
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David Hikin
commented
Sounds good
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Julian Burrows
commented
Sound like a good idea to me
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Niall Marshall
commented
This would allow us to use accurate Asset Lifecycle costs and compare them across the business (as well as make it clearer in our reporting).
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Bhamber, Kulwinder
commented
Great idea, we have many reports available to us for inventory/ materials management that could be utilised with the customer metrics VOC meetings getting the local currency in the report would help our creditability as an outsourced function of their factory maintenance.
