Select or clear the check box to indicate whether a spot rate is applicable for a particular currency relationship. Spot rates are exchange rates entered at the time of transaction entry.
Enter the three-character code to specify the currency the system uses to view transaction amounts. This field enables you to view the transaction amounts as if they were entered in the specified currency rather than the foreign or domestic currency that was used when the transaction was originally entered.
Enter the code that identifies the domestic currency of a transaction or company. The base currency and domestic currency both refer to the same currency.
Contract (Addr) (contract address)
To set up exchange rates for payment methods used in the Expense Management system, enter the address number that was entered for the exchange rate identifier. You can use the same address number for exchange rates between different currencies. For example, you can set up an exchange rate between USD and CAD for address number 12345, and then set up another exchange rate between USD and EUR for address number 12345.
Enter the method to use when converting from one currency to another. Values are:
Y: Multiplier method. The system multiplies the foreign amount by the multiplier exchange rate to calculate the domestic amount.
Z: Divisor method. The system divides the foreign amount by the divisor exchange rate to calculate the domestic amount.
For a currency relationship, a value in this field overrides the conversion method on the General Accounting Constants form.
Enter the three-character code that represents the currency of the transaction. The JD Edwards EnterpriseOne Multicurrency Processing system provides currency codes that are recognized by the International Organization for Standardization (ISO). The system stores currency codes in the F0013 table.
Enter the number by which the foreign currency amount is divided to calculate the domestic currency.
The system calculates the value for the field that you leave blank. That is, if you enter a multiplier rate, the system calculates the divisor rate. If you enter a divisor rate, the system calculates the multiplier rate. The rates are the inverse, or reciprocal, of each other.
Depending on the calculation method:
For the inverse method, enter the divisor exchange rate for the currency relationship.
For the triangulation method, enter the no inverse exchange rate for the second leg of the triangulation relationship.
Enter the beginning date that the exchange rate between the two currencies is effective.
Enter the rate to use to convert amounts from one currency to another. Exchange rates exist between two currencies.
Enter the code that identifies the transaction currency if a transaction currency is different from the company domestic currency.
Enter the number (exchange rate) by which the foreign currency amount is multiplied to calculate a domestic currency amount. The system calculates the value for the field that you leave blank. That is, if you enter a multiplier rate, the system calculates the divisor rate. If you enter a divisor rate, the system calculates the multiplier rate. The rates are the inverse, or reciprocal, of each other.
Depending on the calculation method:
For the inverse method, enter the multiplier exchange rate for the currency relationship.
For the no inverse method, enter the multiplier exchange rate for the currency relationship if the conversion method in General Accounting Constants is Y (multiplier) or enter the divisor exchange rate if the conversion method is Z (divisor).
For the triangulation method, enter the no inverse exchange rate for the first leg of the triangulation relationship.