Calculating amounts using the external exchange rate

Step 1. 

Specify an exchange rate type for the external exchange rates and define the exchange rates between the transaction currencies and the reporting currency for this exchange rate type. Use the currency rates prescribed by your central bank or other authority. For details, refer to To define currency rates.

Step 2. 

In the Companies (tcemm1170m000) session, you can optionally select the default external exchange rate type for the company.

Step 3. 

In the Process Intrastat Transactions (tccom7271m000) session or the Process Intracommunity Listing (tccom7270m000) session, select the Recalculate Amounts with Declarant Exchange Rates check box.

Step 4. 

Select the external exchange rate type in the Declarant Exchange Rate Type field. By default, LN displays the external exchange rate that you entered in the Companies (tcemm1170m000) session.

Step 5. 

LN recalculates the invoice values and the statistical values in the local currency using the external rates of the invoice dates or order dates and prints the recalculated values on the reports. You can view these values as well as the internal values in the Sales Listing (tccom7170s000) session and the Intrastat Transactions (tccom7171m000) session.