Difference Between Common Currency, Local Currency, and Interim Currency

Local Currency is generally used when loading data to Planful. Common Currency is generally used for reporting. For example, your local currency is Mexican Pesos, but the company reports in USD. With Interim Currency, you can report on additional currencies other than your local and common currencies. Interim currency values are calculated for entities that have the same local currency and common currency. For detailed information on setup and use, see the Set Up Currency section under Consolidation Admin Guide in the left pane.