Set up inflation indexes to specify rules for currency conversion for the source company into the target company's currency.

  1. Click General ledger> Setup> Translation> Inflation indexesto open the Inflation indexesform.

  2. In the Rule groupfield, select the translation group for which the inflation indexes are being set up.

    Note Note

    You can specify several inflation index lists for one group.

  3. On the Overviewtab, in the Inflation indexfield, enter the unique inflation index list code.

  4. In the Descriptionfield, enter a text description of the inflation index list.

  5. Click the Graphicstab to view the graph of the inflation index's change over time.

  6. On the Rules for dimensionstab, in the From datefield, select the starting date for the index.

    Note Note

    The configured index will function starting from that date to the next configured starting date for another index. You can also set up an index without specifying a start date. The index will function for all transactions before the start date of another index.

  7. In the Exchange ratefield, enter the value for the index that is used for the currency conversion that falls in the index validity period.

  8. Press CTRL+S or close the form.

See Also