Data type and exchange rate type determine how values are stored in account members, and the exchange rates used to calculate values. Available data type for account members’ values:
Currency - Stores and displays in the default currency.
Non-currency - Stores and displays as a numeric value.
Percentage - Stores a numeric value and displays as a percent.
Date - Displays as a date.
Text - Displays as text.
For accounts with the Currency data type, available Exchange Rate types (valid for any time period):
Average - Average exchange rate
Ending - Ending exchange rate
Historical - Exchange rate in effect when, for example, earnings for a Retained Earnings account were earned or assets for a Fixed Assets account were purchased.