Multicurrency Considerations

If you work with multiple currencies, the system creates a separate invoice for each transaction currency on a lease. If an override exchange rate exists for a billing line, the system uses the override rate in the currency conversion process. Otherwise, the system retrieves the exchange rate based on the date specified in the General Ledger Date for Billings processing option.

If the Effect on Lease Liability is set to Yes or GRV, the transaction currency defaults from the lease header and the Exchange Rate is set to zero. Lessee balance sheet accounting processes will retrieve the exchange rate based on the specified Exchange Rate Method.

See Also

• Generating the Billing Edit/Register Report.

• Reviewing Transaction Batches.

• Posting Invoices and Vouchers.