EXCHANGE RATES

If you have entered and maintained transaction currency information in the Exchange Rates subtask of the Enter Sales Orders screen, use this non-editable subtask to view the exchange rate information between the assigned transaction currency (e.g., for customer sales orders) and your organization's functional (base) currency for financial reporting. You must have linked the transaction to the selected Rate Group in the Maintain Exchange Rate Groups screen in Costpoint Multicurrency. Other fields in this subtask (Rate Group, Rate Date, Rate, Trans to Func or Trans to Euro, N/A or Euro to Func) are maintained in the Enter Sales Orders screen, and behave the same in the Exchange Rates subtask in the Accounting folder.

Use this subtask to view exchange rate information from the Enter Sales Orders screen. 

SO, Release, Customer

These non-editable fields default from the main screen.

Transaction Currency

This non-editable drop-down box defaults from the Enter Sales Orders screen. This field displays one of the 56 system-defined transactional currencies. 

Rate Group

This non-editable field displays the rate group from the sales order.

Transactional Currency to Functional Currency Exchange Rate Info

This group box contains non-editable transactional and functional currency exchange rate information for the sales order. 

Change Rates

This pushbutton is not available in this screen. However, selecting this pushbutton in the Exchange Rates subtask in the Enter Sales Orders screen automatically calculates the actual (functional) exchange rate between the selected Rate Group and Transaction Currency fields, and updates the currency exchange rate in the Rate and Trans to Func fields.

Rate Date

Ghis field displays the date or period in which the exchange rate should be used for this sales order.

Rate

This field displays the actual exchange rate between the selected Rate Group and Transaction Currency drop-down boxes. For Trans to Func exchange rates, the exchange rate for non-Euro currencies defaults. However, if you are using Euro currency, the product of Trans to Euro and Euro to Func exchange rates will display.

Trans to Func

This field displays the conversion rate for the Transaction Currency for this particular sales order. If you are using Euro currency, this field will display Trans to Euro, and the product of Trans to Euro and Euro to Func exchange rates will display.

N/A

This field is blank if the Trans to Func direct conversion is used. However, this field will display as Euro to Func if Euro currency is being used.