What is the Applied date in the applied transaction window.

Hi All.

I have a question regarding internal reconcilations and the applied date on the applied transations window.

When doing an internal reconciliation..the users chooses a prior date.

a message then pops up saying:

The exchange rate tax will be posted with the current system date.

If the user then clicks okay and goes back to view the applied transactions.

The applied date is todays date.

Is this normal system behaviour? what does it bring up the initial message..when doing the reconciliation?

thank you all

Jerusha