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	select Planning and Budgeting, then select Planning and Budgeting Setup, then select Define Parameters, then select Rate Combinations	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.

Navigation

select Planning and Budgeting, then select Planning and Budgeting Setup, then select Define Parameters, then select Rate Combinations

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.

Index and Rate Category

Select the rate index that you want.

The system derives the valid values for Index from the PS_RT_INDEX_TBL that you import from PeopleSoft Financial Management. The rate category depends on the selected index.

You can edit the table using the Market Rate Definition page as part of setting up the PeopleSoft Performance Warehouse system.

Account Type and Rate Type

Select the account and rate type combination that you want.

Several types of conversion rates may exist for any pair of currencies. These different types of rates are appropriate for different types of accounts.

You can assign only one rate type per account type; however, each account type can use a different rate type. For example, you can assign the CRRNT (current) rate type to the Expense account type, and then assign the AVG (average) rate type to the Assets account type.

Note: Associate rate combinations to proposed (nonhistory) scenario types on the Scenario page to link account types to rate types for the activity scenarios of your planning model. You can define a unique rate combination rule for each scenario definition. Use the Currency Options page of your planning model to define the currencies that the system uses in all the activity scenarios of the planning model.