Topic: How to manage local expenses related to international purchase invoice
We are facing this hurdle, as mentioned in the topic title.
On Purchase, where we mentioned the item, further expenses (i.e. freight charges...) can be added, but this is where the problem starts.
We, most of the time pay taxes, freight charges in the local currency, but in Purchase Invoice, we can only add those expenses in that company's currency which is different from the local currency.
Adding those expenses will be added in the company general ledger account and it affects the report because those expenses are paid by us not by that company from which we are purchasing.
Let me know how to handle this thing.