7.8.6.3 Translate Values (Non-Currency-Based Processes)

If the Payment Pattern is defined using an Absolute Payment Amount, the engine may need to translate the amount to the Reporting Currency specified in the Process Rule. This is similar to the considerations discussed earlier under Initializing Instrument Records that is, if the process is Non-Currency-based, the Pattern's Payment Amount needs to be translated. The cash flow engine uses the exchange rate in effect at the As-of-Date, based on the local currency stated in the instrument or new business record associated with this Pattern Record.