We use advanced multi currency.
We have a situation, where a product has it's base price in USD, but it's been paid eventually in local currency (INR for example – Indian Rupee)
So if the product (lets call it ACME) is priced at 4000 USD, The oppty should will be priced accordingly, in INR.
The thing is, that the pricebook entry , has it's own INR value, and that value is NOT related to ANY conversion rate.
If the base price will change from : 4000 to 4400. Eventually, I want it to reflect in INR (or any other related currency, price book)
Is a mechanism to solve this exists?
I want that a product will have it's base price in USD, but when inserted into an INR OPPTY, will get the most updated INR value.
Best Answer
If Advanced Currency Management is Enabled, normally Dated Exchange Rates are used for opportunities, opportunity products, opportunity product schedules, campaign opportunity fields, opportunity splits, and reports related to these objects and fields. Otherwise, Static conversion rates are used.
The above implies that you're using a Static conversion rate for your pricebook entry and not a Dated Exchange Rate.
It would seem to me that you need to change the behavior or your pricebook entry for INR and any others such that it uses a Dated Exchange Rate rather than a Static Conversion rate.