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Income invoices and receipts now support more than one currency for ETA. The system sends the original foreign amount and one fixed exchange factor.

Business Value

  • Send correct tax data to the Egyptian Tax Authority (ETA).
  • Send the original foreign currency amount, not the EGP amount.
  • Use the same exchange factor on later corrections, such as credit notes.
  • Avoid rejected invoices and amounts that do not match.
  • Income invoices now work the same way as AR invoices.

Use Cases

How It Works

Saving the Exchange Factor

  • Each income invoice or receipt now has a field for the exchange factor of each currency.
  • The system fills it when you create the document.
  • The system saves it and uses it again for adjustments and corrections.

Sending to ETA

  • The system sends the foreign currency amount, not the amount in EGP.
  • Adjustments and credit notes use the original factor. The amounts stay the same.
  • The saved factor is sent once for each currency, as the ETA format requires.