Copying Local Rate Account Data

If you are using the Local Rates functionality, to upgrade your existing local rate data, a Configuration Utility is provided to copy the Local Rate account data from the Entity Currency intersection to the Input Currencies intersection. You must manually run this Copy Local Rate Account Data utility to copy the local rate data. Once the data has been copied from the Entity Currency to the corresponding Input Currency of the primary parent, there is no need to run this process again.

For a shared entity with multiple parents having different currencies, the system will copy the entity currency rate data only to the currency of the primary parent. You will need to manually enter the corresponding input currency rate data for other parents with different currencies.

You copy the Local Rate account data from a Configuration task.

To copy the Local Rate account data:

1. On the Home page, click Application and then click Configuration.

2. Click Copy Local Rate Account Data.

3. Click Launch, then from the warning message, click OK.
4. To view the status of the job, navigate to the Jobs console.