Exchange Rates Subtask

Use this subtask of the Manage Work Assignments screen to review transaction currency, rate group, and exchange rate information for the subcontractor purchase order (PO).

All field values on this subtask default from the Exchange Rates subtask of the Manage Purchase Orders screen. You can only modify the Rate Date field and the Freeze Rate check box.

Contents

Field	Description
Transaction Currency	This field displays the transaction currency for the subcontractor PO. This field populates with the default Transaction Currency from the Exchange Rates subtask of Manage Purchase Orders.
Rate Group	This field displays the rate group for the transaction. This field populates with the default Rate Group from the Exchange Rates subtask of Manage Purchase Orders. The rate group name displays in the field on the right.

Transaction Currency to Functional Currency Exchange Rate Info

Field	Description
Rate Date	This field displays the system (today's) date. To obtain exchange rates for another date, enter, or click to select, a date and click the Apply button.
Rate	This field displays the rate amount. If the transaction and functional currencies are the same, no rate determination will be necessary. In this case, this field displays 1.0000000. If the transaction and functional currencies are different, the system calculates the rate using the parameters you established for records on the Configure Multicurrency Settings screen.
Freeze Rate	If this checkbox is selected, the last rate saved in these fields holds. You can enter other rates in Costpoint, but they are not applied to this transaction (for gain or loss calculation) unless this check box is cleared.