Create Payment Batch — Rates Tab

The tab lets you:

• Change the exchange rates for the payment batch.

Click one of the links below for help on using the corresponding tab:

Click the names of the buttons below for additional help:

Exchange rates are maintained in Common Services

The default bank rate for the check currency and the vendor currency comes from Common Services, and is based on the rate type and the session date.

If the batch is in the functional currency

Note that the rates are for converting the bank currency and/or the vendor currency to your functional currency. If either of these currencies is the functional currency, the exchange rate for that currency will be 1.0000000.

The rates you specify on the Rates tab apply to the whole batch. If you need to change the rate for a few transactions, you can edit them in the Payment Entry form.