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Former Member
May 30, 2007 at 11:35 AM

Exchange rate

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Dear All,

Please tell me from where the exchange rate type is getting picked for translating the amount posted in other currencies to Co code local currency in a transaction. We will have so many exchange rate types at client level. How system picks up the exchange rate type which is to be used? If there are two entries valid for exchange rate with two different exchange rates types, then how system determines which one to pick for translating the amount?

Regards

Suresh