EXCHANGE RATES

Use this subtask to select the rate group for both A/P or A/R. In addition, you can specify which date you want to use as your rate date for A/R: either the Receipt Date or the Pay to Func Date.

Rate for AP

Rate Group

The multicurrency default rate group displays in this field. Use the drop-down box to change it, if necessary.

The Rate Group defaults from the Maintain Vendors screen in Costpoint Accounts Payable. If no default has been entered there, the rate group will default from the Multicurrency Settings screen in Costpoint Multicurrency.

Rate for AR

Rate Group

The multicurrency default rate group displays in this field. Use the drop-down box to change it, if necessary.

The Rate Group defaults from the Maintain Customer screen in Costpoint Accounts Receivable. If no default has been entered there, the rate group will default from the Multicurrency Settings screen in Costpoint Multicurrency.

Rate Date for AR

Select the appropriate radio button to determine the rate date for AR. Options are Receipt Date and Pay to Func Date.