Specifying Rate Combinations
This section provides an overview of rate combinations and discusses how to define rate combinations.
Page Used to Specify Rate Combinations
Page Name |
Definition Name |
Navigation |
Usage |
---|---|---|---|
Rate Combinations |
BP_RATE_COMBO |
|
Define the currency rate combinations to use for the proposed planning scenario. |
Understanding Rate Combinations
You must define rate combinations as part of setting up multiple currency planning models. After you define rate combinations, you then reference or link them to proposed planning scenarios so that the system can apply different exchange rates to different scenarios within the models. Rate types (such as current, commercial, floating, average, and historical) enable you to specify different exchange rates to use with different account types. These rate types further categorize market rates. For example, you can use an average rate for expense accounts and a current rate for balance sheet accounts. Use effective dates to define different rates for different budget periods under EPM Foundation maintenance pages.
Rate Combinations Page
Use the Rate Combinations page (BP_RATE_COMBO) to define the currency rate combinations to use for the proposed planning scenario.
Image: Rate Combinations page
This example illustrates the fields and controls on the Rate Combinations page. You can find definitions for the fields and controls later on this page.