EXCHANGE RATES  

Use this subtask to identify the currency of the vouchers to be imported.

Currencies

Trans

Select the transaction currency for the vouchers to be imported. The currency displayed was selected in the Multicurrency Settings screen in Costpoint Multicurrency.

Pay

This non-editable field displays the currency you will use in payment of the voucher.

Rate Group

This field displays the rate group description used for the vouchers to be imported. The default rate group was selected in the Multicurrency Settings screen in Costpoint Multicurrency. This field is editable.

Transaction Currency to Functional Currency Exchange Rate Info

Rate Date

This field displays the system (today's) date for the selected rate group ID.

If your currency exchange rates are tracked by date, the exchange rate used for this functional to pay will be the date or range of dates in which this rate date falls. Costpoint will first look to exchange rates by date, then to exchange rates by period. (Exchange rates by period will be included only if the Use period rate, if available checkbox has been selected in the Multicurrency Settings screen in Costpoint Multicurrency.)

If your currency exchange rates are tracked by period, the transaction rate used for this transaction to functional exchange will be the period rates (period end rates for the last day of the period, and period average rates for all other dates) in which this rate date falls. This field is editable and, if you make changes to this date, the Trans to Func or Trans to Euro and Euro to Func fields will default to 0.    

Rate

This field mimics the Trans to Func field rate when non-Euro currencies are used. If a Euro currency is used, this field will be the product of the Trans to Euro and Euro to Func fields. The fraction that is displayed to the right of the Trans to Euro field will be the value of one divided by the Euro to transaction currency exchange rate.

Freeze Rate

Select this checkbox to hold the last rate saved in these fields. You can enter other rates into Costpoint, but they will not be applied to this voucher (for gain or loss calculation) unless this checkbox is unchecked.

Trans to Func or Trans to Euro

For those transactions that involve countries that are EC members, this field will be titled Trans to Euro and will display the rate for the transaction to Euro currency. This field will display as Trans to Func if non-EC currencies are being exchanged.

N/A or Euro to Func

For those transactions that involve countries that are EC members, this field will be titled Euro to Func and will display the rate for the Euro to functional currency. This field will display as N/A if non-EC currencies are being exchanged.

Change Rates

Select this pushbutton to refresh the rate field with information from the Trans to Func or Trans To Euro field.

Functional Currency to Pay Currency Exchange Rate Info

This group box is disabled.

Rate Date

This field displays the same date as the Rate Date from the Transaction Currency to Functional Currency Exchange Rate Info group box.

Rate

This field is non-editable.

Freeze Rate

This field is non-editable.

N/A, Func to Pay or Func to Euro

This field is non-editable.

N/A or Euro to Pay

This field is non-editable.

Change Rates

This pushbutton is disabled.