PVAForBalance

Determines the default translation method for BALANCE accounts (ASSET and LIABILITY accounts). This function overrides the application defaults for currency conversions during translation. This function can be used in these types of rules:

  • Calculation

  • Translation

  • Consolidation

  • Allocation

Syntax

HS.AppSettings.PVAForBalance

Return Value

A Boolean expression that is True if BALANCE accounts use the periodic value (PVA) translation method; False if BALANCE accounts use the value at exchange rate (VAL) translation method.

Example

In this example, if BALANCE accounts in the application use the periodic value translation method, then statements between the If...Then and End If statements are executed:

If HS.AppSettings.PVAForBalance = TRUE Then
  ...
End If