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 |
---|---|---|---|---|---|---|---|---|
April 01, 2005 |
1 |
1 |
77.1341 |
250.00 |
USD |
CAD |
375.00 |
9 |
The Foreign Bill Rate is fixed, and the bill rate is calculated based on the Time Entry MBF Processing Options (P050002A) setting.
(Bill Rate) = (Foreign Bill Rate) × (Exchange Rate Multiplier [CAD to USD])250.00 × 1.50 = 375.00
Note: The value of the exchange rate
multiplier changes when the GL date has a different exchange rate than the date
worked.