Contents of the Currency Override Dialog Box
Use these fields to calculate the exchange rates for your transaction and payment currencies.
Fields
Field | Description |
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Transaction Currency | Select the currency for the transaction. If this field is display-only, the transaction currency is determined by the bank that you entered for the transaction. |
Payment Currency |
This field displays only for transactions that involve a cash payment. Select the currency for the payment. For employee expense reports in Payment Currency field is display-only. , the payment currency is determined by the functional currency of an employee's company, so the |
Exchange Override Sections
- If the transaction has a separate transaction and payment currency, a separate Exchange Override section for each displays below each Transaction Currency and Payment Currency field.
- If the transaction does not have a separate payment currency, only the Transaction Currency field and an Exchange Override section for the transaction currency display on the dialog box.
Fields in the Exchange Override Section
The fields listed below are included in the Exchange Override sections for both the transaction currency and the payment currency. Use these fields to override the default exchange rate or the transaction date, which determines the exchange rate that applies to the transaction.
Field | Description |
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Method | Select a method for calculating the exchange rate for the transaction:
If the transaction currency is the same as the functional currency, a message displays to indicate the conflict. You must instead override the date or rate at the detail level (on the appropriate line in the transaction or expense report grid). |
Date | If you select Date in the Method field, use this field to specify the date that you want to use in place of the date on which the transaction took place. |
Rate | If you select Rate in the Method field, use this field to specify the rate to use to override the default currency exchange rate set up. |