Multicurrency Ledgers

If you are using a multicurrency ledger, the following fields will appear:

• Receipt Currency

• Exchange Rate (the currency of the invoice in which you will enter unit costs; the rate of exchange between the receipt currency and the functional currency)

The program displays the Exchange Rate field only if the receipt currency you specify is not the functional currency.

You can override the receipt currency's exchange rate displayed by the program. The program warns you if you specify an exchange rate that exceeds the rate spread your company allows for the receipt currency.

To select a different exchange rate or rate type for the receipt currency, open the Rate Selection popup by clicking the Zoom button beside the Exchange Rate field.