General ledger>
Setup>
Translation>
Currency groups
Use this form to set up rules for currency conversion from the
source company's currency to the target company's currency.
Task that
uses this form
Navigating
the form
The following tables provide descriptions for the controls in
this form.
Tabs
Tab
|
Description
|
Overview
|
Enter the currency group code and a description for the currency
group.
|
General
|
View or modify the
Rule group,
Currency, or
Descriptionfields.
|
Currency conversion rules
|
Set up the currency and rate method for the currency conversion
rule.
|
Indexes and amounts
|
Set up the inflation indexes and amounts.
|
Fields
Field
|
Description
|
Rule group
|
Select the translation group for which the currency relationship
is being set up.
|
Currency group
|
Enter a unique currency conversion rule group code.
|
Description
|
Enter a text description for the currency conversion group.
|
To company
|
The code of the target company for which the conversion currency
translation is being done.
|
Currency
|
Select the currency code for the source company for which the
conversion rule is being set up.
|
Rate method
|
Select the currency conversion method from the following
options:
-
No changes– A transaction is created during
translation for the target company whose amount and currency will
equal that for the source company. The amount in the default and
secondary currencies is calculated by using a conversion that
corresponds to the target company's exchange rates.
-
Use indexes– If this option is selected,
specify the rules for determining transaction amounts for the
target company using indexes on the
Indexes and amountstab.
-
Use exchange rates– If this option is
selected, specify the rules for determining the transaction amounts
in the transaction currency on the
Indexes and amountstab.
|
Inflation (cur)
|
Select the conversion index for transaction currency.
Note
|
This field is activated if you select
Use indexesin the
Rate methodfield.
|
|
Inflation (MST)
|
Select the conversion index for a standard currency.
Note
|
This field is activated if you select
Use indexesin the
Rate methodfield.
|
|
Inflation (sec)
|
Select the conversion index for a secondary currency.
Note
|
This field is activated if you select
Use indexesin the
Rate methodfield.
|
|
Amount (cur)
|
Specify the rules for determining the transaction amounts in
voucher currency from the following options:
-
From transaction currency– The amount is
calculated by conversion using the target company's exchange
rate.
-
Zero– Assumes a value of 0.
-
Amount currency– The amount is copied from
the source transaction.
-
Amount in default currency– The amount is
copied from the source transaction amount in the default
currency.
-
Amount in secondary currency– The amount is
copied from the source transaction amount in the secondary
currency.
-
1(one)– Assumes a value of 1.
Note
|
This field is activated if you select
Use exchange ratesin the
Rate methodfield.
|
|
Amount (MST)
|
Specify the rules for determining the transaction amounts in
primary currency from the following options:
-
From transaction currency– The amount is
calculated by conversion using the target company's exchange
rate.
-
Zero– Assumes a value of 0.
-
Amount currency– The amount is copied from
the source transaction.
-
Amount in default currency– The amount is
copied from the source transaction amount in the default
currency.
-
Amount in secondary currency– The amount is
copied from the source transaction amount in the secondary
currency.
-
1(one)– Assumes a value of 1.
Note
|
This field is activated if you select
Use exchange ratesin the
Rate methodfield.
|
|
Amount (sec)
|
Specify the rules for determining the transaction amounts in
secondary currency from the following options:
-
From transaction currency– The amount is
calculated by conversion using the target company's exchange
rate.
-
Zero– Assumes a value of 0.
-
Amount currency– The amount is copied from
the source transaction.
-
Amount in default currency– The amount is
copied from the source transaction amount in the default
currency.
-
Amount in secondary currency– The amount is
copied from the source transaction amount in the secondary
currency.
-
1(one)– Assumes a value of 1.
Note
|
This field is activated if you select
Use exchange ratesin the
Rate methodfield.
|
|