You can adopt the standard rates that you specified on the Standard Currency Rate Maintenance page for the target historical rates.
- Specify the context data for the historical rates on the Historical Currency Rate Maintenance page and click Mass Adopt.
- Specify the version, entity, and period from which to adopt the rates.
By default, this information is already specified and contains the values that you specified in the Context panel.
- In the table, select one rate type and period type for each schedule. These rate types are available:
- Do not adopt: Default option
- F-Closing Rate
- N-No translation
- A- Average Rate
- WA-Weighted Average
These period types are available:
- Current period: Default option
- Base period
- Click Save and close.
You can see the results of the mass adoption in relevant reports, such as entity reports in a group currency.
The mass adoption setting applies to all accounts for which historical rates are configured.