Enter Currency Rates

You can register the average rate for the year (currency translation code M), the period's average rate (currency translation code D) and the closing rate (currency translation code B) per currency code for a given period and actuality here.

Procedure

  1. On the Group menu, click Data Entry/Currency Rates. The Data Entry - Currency Rates window opens.
  2. In the Actuality and Period text boxes, enter the actuality and period you want to enter currency rates for and click on Open. In Currency Codes, all active currency codes defined in Maintain/Configuration/Define/Currency Codes are displayed.
  3. Enter the currency rates for the following rates. The fields are numeric and can contain a number with maximum five digits before and six digits after the decimal sign:
    • Average Year Rate: The average currency rate, calculated since the beginning of the current year until the current period. This currency rate corresponds to the currency translation code M in the account configuration. The numeric value can contain maximum five digits and six decimals.
    • Average Period Rate: The average currency rate calculated for a period. The period depends on the account definition and can cover 1, 2, 3, 4 or 6 months. The currency rate corresponds to the currency translation code D in the account configuration. The numeric value can contain maximum five digits and six decimals.
    • Closing Rate: The closing rate of the period. The currency rate corresponds to the currency translation code B in the account configuration. The numeric value can contain maximum five digits and six decimals.
  4. Change the unit amount if necessary. The unit amount is collected from the currency configuration. The unit can be changed for a specific period and actuality in the Group-Data Entry/Currency Rates menu.
  5. Click Save.
    Note: To export currency rates, use the Export Structures function.

    Only active currency codes will be open for the registration of currency rates. The Define Currency Codes function defines which currency codes appear in the window and which unit they use.