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.