(EST) Set up an exchange rate for posting a currency adjustment

Click General ledger> Setup> Exchange rates.
On the Overviewtab, press CTRL+N to create a new exchange rate.
Enter the required details.
On the Postingtab, define the posting accounts for the exchange rate.
In the Exchange rate financial lossfield, select the ledger account to post any financial loss resulting from the currency adjustment.
In the Exchange rate financial profitfield, select the ledger account to post any financial gain.
Press CTRL+S or close the form.

See Also