Currency Translation Rules

Currency translation will nearly always be made from the lowest level. This means that a company will nearly always enter the values in local currency and after the currency translation, also store all currencies of the group or sub-group where the company is included. The rules for currency translation are defined principally when you create accounts and define a currency translation code for each account. Depending on the currency translation method that is being used, you might need to use other registers, such as the register of historical rates, or certain specifications.