Viewing Exchange Rates for a type

Viewing exchange rates for a type

This page allows you to view the exchange rate for a selected exchange rate type. You can select the currency combination and the date for which you want to view the exchange rates. Details like the category to which the exchange rate belongs and the percentage or limit set as tolerance will also be available for viewing.

Select the “Rates by Exchange Rate Type” link at the bottom of the “View Exchange Rates by Date” page.

The “View Exchange Rates by Type” page appears.

Enter the following fields to search and retrieve the exchange rates for a selected exchange rate type.

From Currency

Use the drop-down list box to select the currency for which you want to view the exchange rate. All the “Active” currencies that have been mapped to the login organization unit will be available for selection in the ascending order. The system displays “Blank” by default at the launch of the page.

Note: “ISO currencies” or “Company currencies” that are in an “Active” status will be available for selection in this field based on the “Currency Code Loading Option” selected in the “Set Function Defaults” activity of the “Exchange Rate” business component.

To Currency

Use the drop-down list box to select the currency to which the currency selected in the “From Currency” field is converted to. All the “Active” currencies that have been mapped to the login organization unit will be available for selection in the ascending order. The base currency of the company will be displayed by default at the launch of the page.

If a base currency has not been set for the company, the currencies will be available in the alphabetical order for selection.

Date

The date on which you want to view the exchange rates of the selected currency combination (Date Format). Mandatory.

Note: The date entered in this field must be the same or before the system date.

Exchange Rate Type Description

Use the drop-down list box to select the type of exchange rate for which you want to view the exchange rates. All the exchange rate types that are in the “Active” status will be available for selection. The system displays “All” by default at the launch of the page.

Click the “Get Exchange Rates” pushbutton to retrieve the exchange rates.

The system displays the following in the “Exchange Rate” multiline based on the search criteria entered:

Exchange Rate Type	The type of exchange rate for which the exchange rates are retrieved.
Exchange Rate	The exchange rate available for the currency combination.

Note: The system displays “1” if the currency code selected is the same in both the “From Currency” and “To Currency” fields.

Exchange Rate Category	The exchange rate category. It could be “Base Currency Exchange Rate Category” or “Cross Currency Exchange Rate Category.
	Base Currency Exchange Rate Category – indicates that the exchange rate has been retrieved with respect to the base currency of the company, the other currency being a foreign currency, through a predetermined sequence set in the function default.
	Cross Currency Exchange Rate Category – indicates that the exchange rate retrieved is between two currencies that are not the base currency through a predetermined sequence set in the function default.
Tolerance %	The percentage of variation in the exchange rates for the given combination of currencies that will be permitted during transactions.
Tolerance Limit	The absolute amount of variation in the exchange rates for the given combination of currencies that will be permitted during transactions.

To proceed, carry out the following

Select the “Period / Year-End Rates” link at the bottom of the page to view the exchange rates for a selected period or year-end.

Prerequisite

All the function defaults must have been set in the “Set Functions Default” activity of the “Exchange Rate” business component.