Solved

How to update currency rates when a transaction is posted in a foreign currency?

  • 27 October 2022
  • 2 replies
  • 196 views

Userlevel 2
Badge +7

Hello,

 

I want to post a transaction (e.g. Supplier Invoice) in a foreign currency and before completing the transaction (e.g., before paying for the invoice) I want to update the currency rates and run one currency revaluation to see how the system posts unrealized gain/loss to the GL on open AP.

 

Could you please tell me how to update the currency rates?

 

This is to be conducted in Apps 10 environment.

 

Thank you!

icon

Best answer by ShawnBerk 27 October 2022, 16:36

View original

2 replies

Userlevel 7
Badge +28

Go to Currency rates.

Load or search for the spot rate for that company.

Update the currency rate for the foreign currency to be transacted with a valid from date and save.

Userlevel 2
Badge +7

Thank you @ShawnBerk

Reply