Currency Translation Method

Note:  Selecting a value in this field will affect only Combined Financial Statements. This field does not affect the running of Financial Statements in a Multi-Site Consolidated environment.

Select None if you do not want to use the Currency Translation Method and you want your financial statement to print in domestic currency.

Select Current if you want to use the current exchange rate defined in the Currency Codes and Rates form.

Select Spot if you want to use the exchange rate that was in effect at the time the transaction was posted.

Select End if you want to use the exchange rate from the end of the specified account period.

Select Average if you want to use the weighted average of the exchange rate for the account period.