Currency Settings
Use Currency Settings to establish currency formats. If you enable multiple currencies, you also specify the functional and triangulation currencies used in calculating currency exchanges. You can also set up and maintain daily and period exchange rates.
- Related Topics:
- Currency Options
Whether you use a single currency or multiple currencies, you need to set up currency codes, descriptions, symbols, and units. You also enable multiple currencies in Currency Options. - Daily Exchange Rates
You can set up exchange rates from one currency to another currency and specify the dates on which those rates are valid. - Period Exchange Rates
You can set up exchange rates from one currency to another currency for a specific period. For example, your firm may use period exchange rates for re-evaluations and consolidated financial reporting.
Parent Topic: Settings