Budget rates

Budget rates are specified in a currency period rate. Period rates are specified for a translation code. Translation codes are used to identify the rate type and ensure that the correct period rate is applied when translating an account. Rates can be assigned to a budget scenario if different rates are required for each budget scenario. The scenario can be blank if the same rates apply to all scenarios. The period rate table that is used is determined by the translation code assigned to the account on the account business class. The IS rate is used if the account is not a scenario dimension.

When you send budget rates to Enterprise Performance Management, the budget scenario is required when specifying the budget rates.