Applying foreign exchange
Problem:
How do I apply foreign exchange in the financial statements?
Solution:
If you have imported a trial balance in a foreign currency and set up exchange rates in the working trial balance, it is possible to apply these exchange rates in the Financial Statements.
To apply foreign exchange:
- Open the Financial Statement Options document.
- Go to General | Financial settings | Statements, notes, and reports.
- For Apply Foreign Exchange select, Yes.