Currency Exceptions

Specify accounts to convert with different currency types for legal entities and hyperinflationary economies. It is sometimes necessary to convert specific accounts for specific companies at fixed or historical rates. An example where this scenario is necessary is an investment on a balance sheet that must be held at a fixed rate until it is liquidated. Another common example might include the holding of inventory. Currency exceptions defined here are applicable to Budget and Forecast scenarios.

Currency conversions with exceptions are not executed when the currency conversion process takes place from the Data Load Rules process. Currency Conversions with exceptions must be executed via Currency Exchange Rates and/or the Consolidation Process to include exception details.

To access the Currency Exception, navigate to Maintenance > Multi-Currency > Currency Exceptions.

The Currency Exceptions page has three tabs: Currency Exception Setup, HyperInflationary Setup, and Calculation Exception Setup.