I don't think I have my settings set up right at the moment. It doesn't appear that AP translates at the balance sheet date. The invoice is at the historic exchange
rate (the date at which i entered the transaction). I would expect GP to revalue the AP balance at the month-end foreign exchange rate.
In the exchange rate table should I set the transaction default rate for the "Next date" if i want balances during the month to translate at the month-end rate?
Also what should I set as the expiration date in the exchange rate maintenance view? What does the expiration date exactly mean?
As always I appreciate everyone's help.
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