Setting Up an Exchange Rate for the Inverse Method
Access the Revise Currency Exchange Rates form.
- Inverse Method
Select this option to use the inverse method calculation for the currency relationship.
If you are setting up a new exchange rate for an existing currency relationship, the default calculation method is retrieved from the previous exchange rate record for that currency relationship
If you enter an exchange rate that exceeds the previous exchange rate by more than the tolerance limit that is specified in the processing option, you receive a warning. To override the warning and use the new exchange rate, click OK twice.
If a rate exists for the effective date and rate type (if applicable) that you entered, you receive an error message.