|
All entries made in the application are considered at the local currency level.
| • | Entries are converted to reporting currency by using the appropriate foreign exchange rates. |
| • | Unit level reports appear in local or reporting currency by selecting the currency in the Control Center. |
| • | Consolidated and sub-consolidated level reports appear in local or reporting currency as long as all the units have the same assigned currency code. |
| • | A currency translation adjustment is automatically computed based on the foreign exchange rates entered for the unit and appears on the appropriate reports. |
|
