Overriding the tolerance checking

You can override the rate tolerance checking, for a journal type using Journal Type (JNT).

Journal Types includes five Override Rate Tolerance fields, one for each of the four currency values that can be held on a transaction and one for the fifth currency where only the currency and rate are actually held (the fifth values are calculated where necessary in certain programs). This allows you to override the rate checking, depending on the type of value the rate is being used to calculate, that is:

base rate (pivot value to base currency).
transaction rate (pivot value to transaction currency).
reporting rate (pivot value to second base or reporting currency).
Fourth currency rate (4th currency calculate from field on Business Unit Setup to the fourth currency).
Fifth currency rate (5th currency calculate from field on Business Unit Setup to the fifth currency).

For example, you may only wish to override the tolerance check, if the rate is being used to calculate a reporting currency.

When you set a rate tolerance override flag on Journal Types, the tolerance checking facility refers to the global tolerance checking settings for the ledger to determine whether a tolerance check is still required, and if so, the tolerance percentage to use.