Field Descriptions

Table Information

 

Exchange Rates

 What can I do in this subtask?

Use this subtask to review and edit transactions that occur in a currency other than your company's functional currency.

Field Descriptions

Transaction Currency *

This field displays the transaction currency code for the selected row. The full name of the currency displays in the unnamed field to the right. You can use Lookup to change the transaction currency for this row. The default rate group is selected from the Multicurrency subtask of the Vendors screen.

If no default has been selected for the vendor, the default rate group is selected from the Multicurrency Settings screen.

Rate Group

The multicurrency default rate group code displays in this field. The full name of the default rate group displays in the unnamed field to the right. You determine the rate group default in the Maintain Vendors Screen. If you do not enter a default there, the Rate Group will default from the Multicurrency Settings screen.

Both the Transaction and Pay currencies must have been saved in the rate group you select here.

Transaction Currency to Functional Currency Exchange Rate Info

Use the fields in this group box to review and edit transactions that occur in a currency other than your company's functional currency.

Rate Date *

This field displays the invoice date from the main screen.

Rate

For those transactions that involve countries that are EU 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-EU currencies are being exchanged.

This field mimics the Trans to Func field rate when non-Euro currencies are used.

When a Euro currency is used, this field will display 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 is the value of one divided by the Euro to transaction currency exchange rate.

Trans to Func or Trans to Euro

For those transactions that involve countries that are EU 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-EU currencies are being exchanged.

N/A or Euro to Func

For those transactions that involve countries that are EU 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-EU currencies are being exchanged.

Change Rate

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

Freeze Rate

Select this checkbox to hold the last rate saved in these fields. You can enter other rates, but the system will not save them unless you uncheck this checkbox.

* A red asterisk denotes a required field.

Table Information

Changes in this screen update the JE_HDR (JE Header) and JE_TRN tables (JE Transaction).

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