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.