Providing Amounts in Local Currency
Many countries require that information on the invoice is expressed in the supplier’s local currency. This may include tax amounts, taxable amounts, and gross amounts. This can be achieved by using the alternateAmount
and alternateCurrency
attributes within the <Money>
tag.
Example:
<Money alternateAmount="109.47" alternateCurrency="CHF" currency="EUR">100.00</Money>
Where the local currency matches the invoice currency, these values should still be expressed where required, as follows:
<Money alternateAmount="100.00" alternateCurrency="EUR" currency="EUR">100.00</Money>
Note
If in doubt, adopt and use these tags, as this enables the cXML solution to generate the compliant invoice if the local currency values are required.