SAP Business One Certification Practice Exam

If your local currency is Euro and you want to automatically enter prices in USD for US customers, how can this be achieved?

1. By adding USD in the payment method

2. By including prices in USD in the additional currency column of the linked price list

3. By defining a currency conversion rate

4. By updating currency settings in user preferences

The correct answer is: By including prices in USD in the additional currency column of the linked price list

The correct approach involves including prices in USD in the additional currency column of the linked price list. This method allows you to set specific pricing strategies for different currencies directly within the sales document. By linking the price list to a specific currency, SAP Business One can display the appropriate price based on the currency selected for a customer, in this case, USD for US customers. When you have an additional currency column in your price lists, you ensure that prices are stored and displayed in that alternative currency, which can streamline transaction processes for customers operating in different currencies. This avoids manual entry errors and helps maintain consistency in pricing strategies across different markets, providing your business with an efficient way to manage multi-currency transactions. The other options, such as adding USD in the payment method, defining a currency conversion rate, or updating currency settings in user preferences, do not directly facilitate the automatic entry of prices in USD. These options might assist in other aspects of currency management but are not specifically tied to pricing structure in the same direct manner as utilizing a price list with an additional currency column.