Timecard Entry with Override Rate

This example shows a timecard with an override rate:

Date

Pay

Hours

Account Number

Foreign Bill Rate

Base Curr

Curr Code

Bill Rate

Home BU

January 01, 2005

1

1

77.1341

500.00

USD

CAD

250.00

9

(Bill Rate) = (Markup rate override from the billing rate and markup table) (Foreign Bill Rate) = (Domestic Bill Rate) × (Exchange Rate Multiplier [USD to CAD])250.00 × 2.0 = 500.00

Note: The value of the exchange rate multiplier change when the GL date has a different exchange rate from the date worked.