Setting Up the Price Index


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Setting Up the Price Index

Enter the inflation rate for each month in the Price Index window. General Ledger uses this information to adjust your accounts. Because the Argentine government publishes this information as an index, you must enter inflation information as an index value rather than a percentage.

To set up a price index:

1. Navigate to the Price Indexes window (Argentine General Ledger: Currency > Inflation Adjustment > Price Index).

2. Enter the index name that you want to define in the Index field.

3. Enter the index value as an index.

4. Enter the dates that this index value is effective for. If you leave the To Date blank, the index is effective indefinitely.

5. Save your work.

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