Currency Override Dialog Box

If you use multiple currencies, use this dialog box to override the default exchange rate or date for the disposal transaction.

You can use this dialog box if both of the following apply:

• You are disposing of an asset item by selling it.
• The currency for the disposal transaction is different from your company's functional currency (or, if you use multiple companies, different from the active company's functional currency). The active company is the company that you currently have open.
  • The currency for the disposal transaction is the currency for the bank that you selected for the disposal on the Disposal Processing form. A bank's currency is entered on the Bank Codes tab in Settings > Accounting > Banks.
  • A company's functional currency is entered on the Currency tab in Settings > General System > Company.

The default exchange rates that are used for disposal transactions are entered in Settings > General > Daily Exchange Rates.