Company Translation Rates (CU20.3)
Use Company Translation Rates (CU20.3) to define and maintain translation rates for a currency relationship and translation code for individual general ledger companies.
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Translation rates are used to translate the balances of one company's base currency to the base currency of another company for reporting and consolidation. This process is commonly performed once per period, after individual companies complete period closing.
Translation rates defined on this form override translation rates for the currency table associated with the company in CU20.1 (Currency Table Translation Rates).
On this form you can define translation rates from the company base currency to another currency with which you have defined a relationship. To define and maintain translation rates for multiple currency relationships and translation codes for a range of general ledger companies for a period, click the Period button to open the Company Period Rate Entry subform.