FX Rates Order of Precedence
Table 20-1 Priority and Types of FX Rate
| Priority | Type of FX Rate |
|---|---|
| Lowest Priority | Global Average FX Rate (Periodic or YTD)
See also: FX Rates Single Period in Working with Tax Reporting |
| Entity Average FX Rate (Periodic or YTD)
See also: FX Rates Single Period in Working with Tax Reporting |
|
| Use Source Account FX Rate (overrides Periodic calc) | |
| Calculated Weighted Average FX Rate (WAR) - Tax Expense (overrides
Periodic calc)
See also: Calculating the Weighted Average FX Rate Override for Other Tax and Book Accounts in Working with Tax Reporting |
|
| Weighted Average FX Rate (WAR) Override - Tax Expense (overrides
Periodic calc)
See also: Calculating the Weighted Average FX Rate Override for Other Tax and Book Accounts in Working with Tax Reporting |
|
| NIBT FX Rate Override - NIBT Tax Account Only (overrides Periodic
calc)
See also: Entering NIBT FX Override Rates in Working with Tax Reporting |
|
| Calculated Weighted Average FX Rate (WAR) for NIBT (overrides
Periodic calc)
See also: Calculating the Weighted Average FX Rate Override for NIBT Accounts in Working with Tax Reporting |
|
| Weighted Average FX Rate (WAR) Override for NIBT - By user input
(overrides Periodic calc)
See also: Calculating the Weighted Average FX Rate Override for NIBT Accounts in Working with Tax Reporting |
|
| Rate Override - Tax / Book Accounts Only (overrides Periodic
calc)
See also: Working with Amount Override and Rate Override for Tax Accounts in Working with Tax Reporting |
|
| Rate Override by Account / Data Source / Movement / Multi Gap /
Product (overrides Periodic calc)
See also: Working with Amount Override and Rate Override for Tax Accounts in Working with Tax Reporting |
|
| Historical Amount - Tax / Book Accounts Only (overrides Periodic
calc)
See also: Entering Foreign Exchange Rate and Amount Overrides for Historical Accounts in Working with Tax Reporting |
|
| Highest Priority | Historical Amount - by Account / Data Source / Movement / Multi Gap /
Product (overrides Periodic calc)
See also: Applying Amount or Rate Override to a Tax Account in Working with Tax Reporting |