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Settlement Rate Amount Field, Currency Exchange Rate Table

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This field is used together with the Relational Sett. Rate Amount field where you can enter the base amount for the exchange rate which is entered in Relational Sett. Rate Amount. This is a government exchange rate and is used in the exchange rate settlement for VAT entries.

Currency Code Settlement Rate Amount Relational Sett. Rate Amount

USD

100

171

In this example, the exchange rate for USD to LCY is defined as 171 LCY for 100 USD.

Tip

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Parent Tables

Table Location
Currency Exchange Rate Table General Ledger
Currency Exchange Rate Table General Ledger