SECTIONSExchange Rate Entry Fields
The following table contains a description of the fields that make up an exchange rate entry. For clarity, the label displayed on the Exchange Rates tab is also listed.
| Field | Label | Description |
|---|---|---|
| Exchange Rate Entry ID | N/A | Automatically assigned unique number for the exchange rate entry record. |
| Effective Date | Effective Date | The first date that the exchange rate is valid. |
| End Date | End Date | The last date that the exchange rate is valid. Foundations records an end date automatically when a new rate is created. If blank, the exchange rate is currently valid. |
| Exchange Rate Group | Group | The group that the exchange rate entry relates to. |
| Exchange Rate Type | Rate Type |
The type of exchange rate. We recommend that you do not delete the following managed rate types: Average, Budget, Closing, Commercial, Historical, Spot, and Translation. Other apps can also create managed rate types. For more information, see Foundations Rate Types Overview. |
| Relative Currency | Relative to 1 {0} | The default currency of the related exchange rate group. |
| Rate {0} | Currency | Automatically created field that stores the rate for a specific currency, such as Rate GBP. Rates can contain a maximum of nine digits and nine decimal places. Foundations applies standard Salesforce rounding when required. See the Salesforce Help for more information about rounding. |
Manage Exchange Rates Buttons
The following table contains a description of the buttons available on the Exchange Rates tab.
| Button | Description |
|---|---|
| Manage Currencies | Displays the Currencies tab. From this tab, you can view and activate currencies. |
| Manage Groups | Displays the Exchange Rate Groups tab. From this tab, you can view, create, and edit exchange rate groups. |
| View Rate History | Displays the Exchange Rate History tab. From this tab, you can view a log of changes that have been made to exchange rate details. |