Hello,
My question is similar to one posted by someone a few years ago, but the solution doesn't work for us, so I'm reposting a reformatted question specific to my situation.
I inherited this org a few months ago. It's my first multicurrency org. We have configured a number of bundles in our CPQ environment. I recently discovered that some of the bundles have our default corporate currency (USD) and others have the local currency for the target country. They are added to the standard and custom price books in their local currency (no idea why we have a custom PB when the prices are not different--they're all $0--but that’s another story). Now, product options appear in BOTH local and USD WITHIN the same bundle. This was likely the result of cloning bundles with related and product options instead of building new bundles from scratch because of the similarities between the bundle construction. I personally would prefer that all product options for, say, India bundle be in INR (rupees). If I change that, how does it impact current outstanding opps and quotes?
The bigger question...
I had a user recently ask me to create a bundle in the local currency (probably unaware it already exists that way). So he thinks it's in USD for some reason. This led me to perform a test, creating quotes in both USD and the local foreign currency (Argentine Peso). Well, both quotes have the exact same price values for all of the product options; the only thing that changed is the currency ISO code. So product option A is $30 USD on the US quote line and $30 ARS on the ARS quote line--instead of 5171.17 ARS. This doesn't seem right and has caused me to question this whole CPQ setup--at least as it relates to multicurrency. Can anyone shed some light on this?
Additionally, as the original post mentioned, some bundle configuration objects contain a currency field, such as Feature, Product Option and Product. For this Agentina bundle, the Feature currency ISO code is USD. Again, I don't like the mix and match currency inconsistencies. Do I need to conform all of these currency fields to the local currency of the bundle? Obviously, Product currency would remain USD.
As suspected, pricing is based on certain factors that can’t be boiled down to a flat percentage rate.