1. Working with Tax Reporting
  2. Working with National Tax Process
  3. Working with National FX Rates
  4. FX Rates Single Period

FX Rates Single Period

Use the FX Rates Single Period screen to enter the Average and Ending FX rates for all available currencies for the selected base or parent entity for the specified period.

To enter FX rates for a single period:

  1. From the Home page, select Library.
  2. On the Data Entry screen, expand Tax Administration, and then click FX Rates Single Period.
    FX Rates Single Period screen
  3. Click the Edit icon Edit icon to select the POV:
    • Period for which you want to enter required currencies
    • Year
    • Scenario
    • Entity (Base or Parent Entity)
  4. Click in the column of the application currency. The form displays all currencies available in the application.
  5. Select the row that contains the required currency, and then enter the Average Rate and Ending Rate values as a decimal percentage, for example, 1.00 or .98.
  6. Optional: Repeat this step for each currency being used for this period.
  7. Click Save.

    The results are automatically updated in all cubes.