How to Enable and Use Local to Foreign Currency Conversion in FIS

If you need to process a payment (e.g., honorarium) in FIS and have the system convert a Canadian dollar (CAD) amount into a foreign currency amount, follow the steps below:

1. Process the Payment
   • Go to FB60.
   • Enter the payment as a regular non-PO invoice using document type
2. Enter Vendor Information
   • Enter the appropriate vendor number.
   • For honorarium payments, refer to the FIS/HRIS – Processing T4A/T4A-NR Payment Guideline.
3. Fill in Basic Invoice Details
   • Enter the Invoice Date and Reference information.
   • Important: Leave the Amount field blank.
   • In the Document Currency field, select the desired foreign currency (e.g., USD, EUR, etc.) and press Enter. The Local Currency tab will then appear at the top.

 

4. Enter the CAD Amount

• • Click on the Local Currency tab.
  • In the Amount in Loc. field, enter the Canadian dollar amount to be paid.
  • Press Enter. The system will convert the CAD amount into the foreign currency you selected and display it in the Amount field.
  • Double-check the system’s exchange rate against your expected rate before posting using xe.com if needed.

 

 

 

 

 

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Last Updated:  August 29, 2025