Accumulated Shipped Value

This field displays the accumulated value of all shipped goods tied to this specific letter of credit. You can refresh this value with the Rebalance Letters of Credit utility.

On fixed rate documents, you may not change the exchange rate once line items have been added.

On variable rate documents, if line items exist, you receive the following warning prior to the value of the items being adjusted: "Change in exchange rate will affect the domestic value of items on existing lines. Line item extensions will not be adjusted.

If you choose to go ahead with the adjustment on a Customer Orders header that is tied to a letter of credit that is in base currency, the system backs out the (shipped amt * old rate) from the old accumulated shipped value and adds back (shipped amt * new rate).