I have read a number of posts on this forum, and I am having the same issue.
We use the Standard Cost to store the suppliers price to us. When creating a PO it is a simple matter of entering the qty, item number and printing/emailing to the supplier. In my testing of multi-currency, the system places the Standard Cost into the AUD field and converts to the suppliers base currency which is incorrect.
Surely it makes sense for the Standard Cost to be in the same currency as the supplier that supplies that item?
Please consider implementing a parameter that can be set to allow those of us that track and import supplier prices into the Standard Cost field to fully utilise the multi currency benefits. As it stands, without this we cannot use the multi currency feature as it would mean retyping the supplier cost for every item in a foreign currency supplier. Thanks.
"Allow item standard cost to be in suppliers currency"