Menu path: Main menu → Consolidation → Exchange rates

All exchange rates relevant for the consolidation workflow can be entered in this form.

1.) Select the month from which the entered exchange rates should apply.

2.) If different exchange rates apply to different consolidation groups, the desired consolidation group can be entered in this field. If the consolidation group is empty, the exchange rates apply to all consolidation groups without a specific definition.

3.) If the source system's financial accounting data is "only" in local currency, the data is converted into the central currency according to the import rate during the data import . The converted value is used for the IC reconciliation. (It should be as close as possible to the transaction rate.)

4.) The exchange rates are entered in these columns according to consolidation rules. The entered exchange rates are applied during the currency conversion step.

NOTE: Only the columns for the exchange rate groups that were assigned in the accounts are displayed.