Managing Conversion Rates

To set monthly conversion rates for currencies that have been created in your system:

1. Click the Finance tab.
2. Click the Conversion Rates link.
3. Select the appropriate currency from the pull-down menu.
4. Select the year for which the conversion rates are being entered.
5. Click Add Year to add an additional year of conversion rate values. The default conversion rate values are used initially, but you can modify these values.
6. Enter the correct rates for each month. To copy the value for a particular month to all the subsequent months, you can click the copy forward button .
7. Click Update.

See Also

Finance Management

Managing Currencies

Managing Finance Templates

Managing Finance Approval Templates

Managing Finance Element Types

Managing Labor Expense Types

Managing Activity Labor Cost Capitalization Settings

Updating Global Finance Constants

About Finance Locking

Using Bulk Finance Snapshots

Managing Finance Lock Enforcement Settings