usd_currencyrate

Data Definition: Float

Form Label (Field Label): Rate in Base Currency

# of Characters: Not applicable

Where to Use it:

• Upper forms of Cost BPs in CBS and generic shells.
• Can be used for:
  • Formulas
  • Email notifications
  • Unifier on mobile
  • Data cubes
  • Data views

Use this element for: Displaying the converted currency rate (as a read-only field).

The system uses this element to compute the base currency rate based on the transaction currency and the current exchange rate.

Example

A multinational company might create purchase orders in different currencies, Euro, US$, and Chilean Pesos. The company has an approval matrix based on the Euro, so the currency amount of each PO must be converted to Euro.