Hi,
Does anyone know how to configure the spot rate calculation in Management Reporter? Thanks
*This post is locked for comments
Hello Kim,
The rate conversion is done through a setup at the ledger account level in GL
Please have a look at the following screen-print and probably this site: blogs.msdn.microsoft.com/.../currency-translation
Hope this helps,
Ludwig
Hi Ludwig,
During the month, I posted transactions. The exchange rates are determine by the rate I pulled from Oanda. So the transaction on that date is affected by the currency exchange rate for that day. At the end of the month, I use average rate. So how do I configure in MR to flip from daily rate to Average for every transactions made that involved 2 currencies? I'd like to focus on Income Statement to do this spot rate calculation. Thanks for
What you you mean by spot rate calculation in Management Reporter? Is it that you want to have your financial statements evaluated at a certain exchange rate on a specific date? Would be great if you could provide us more information on the requirement and the expected result.
Many thanks,
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Andrés Arias as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.
Community Member 2
Martin Dráb 2 Most Valuable Professional
Guy Terry 2 Moderator
