Setup

This example is based on this employee information:

• Hourly Rate (PHRT, hourly wage on employee's Compensation form) = 25.00

• Distribution Rate (PBRT, on employee's Payroll form) = 45.00

• Home Business Unit = 9, attached to Company 00001, United States currency (USD)

This example is based on these exchange rates to Canadian currency (CAD) from USD:

Dates	Multiplier	Divisor
January 01, 2005	2.0	.50
February 01, 2005	1.50	.6666667
March 03, 2005	1.50	.6666667

This example is based on these exchange rates to USD from CAD:

Dates	Multiplier	Divisor
April 01, 2005	1.50	.6666667
May 01, 2005	1.50	.6666667
June 01, 2005	1.1764706	.85

This example is based on this setup:

• Multi-Currency Conversion = Y (multiply)

• Foreign × Exchange Rate = Domestic

• Domestic ÷ Exchange Rate = Foreign

• Labor Account = 77.1341

• Business unit 77 belongs to company 00077, which is set up in the Company Names & Numbers program (P0010) to use currency code CAD.