• Foreign Exchange
  • Current versus Historical Exchange Rates
  • Entering foreign exchange rates
  • Entering foreign exchange rates for each period
  • Setting a Custom Balance Foreign Exchange Rate
  • Specifying the foreign exchange account

Setting a Custom Balance Foreign Exchange Rate

Procedures

1. Create a Custom Balance.
2. On the Account tab, in the Balances group, click Trial Balance and then select Foreign Exchange. The newly created custom balance will appear as an additional column on this screen.
3. Enter an exchange rate, or double-click any foreign exchange rate in the Custom Balance column to drill down for more details. After drilling down, you can specify a rate for the beginning of the year and for each period in the current date sequence.

Results

Foreign exchange rates are set for the custom balances.

Related Topics

• Creating custom balances in the Working Trial Balance
• Foreign Exchange