Overriding Translation Rates
You can override the translation rate using these user-defined properties for NIBT accounts:
| Property | Value |
|---|---|
| UD Property | TrOvRate |
| Valid Values | Account member of Rate type |
| Description | Used to translate account values at a different rate than the Average rate. |
| Validity | NIBT accounts |
| Property | Value |
|---|---|
| UD Property | TrOvDiffAcc |
| Valid Values | Any permanent difference account (account should be calculated) |
| Description | Account stores the difference between the System Average and Override rate |
| Validity | NIBT account for which TrOvRate is also defined |
Example:
NIBT account UD1: TrOvRate: NIBTOverrideRate
UD2: TrOvDiffAcc: FXAdjPerm
| Property | Value |
|---|---|
| UD Property | CalcNIBTFX |
| Valid Values | Yes or No |
| Description | Allows the NIBT override translation rate data entry for the specified parent entity |
| Validity | Parent Entity |
In addition, you can use the NIBT Translation Override Rates data entry form to enter rate data for each entity on an override basis. See Data Form Names and Descriptions.