Home » Categories » Solutions by Business Process » Finance » Currency

Spot Rate Changes
Article Number: 866 | Rating: Unrated | Last Updated: Tue, Jun 13, 2023 at 12:54 PM
Datafile Software

Spot Rate Changes

These spot rates are used only for statutory revaluation purposes, so in practice you are likely to change spot rates only for the period you are working on. This program option works just like the holding rate change described above.

Note

Since this spot rate is used just for statutory revaluation purposes, the only times you really need to set spot rates is at year end (for your final accounts) or at VAT quarter ends if your base currency is not your own country’s currency — see above.
Custom Fields
  • Release ID: Standard
Posted - Tue, Jun 26, 2012 at 10:56 AM This article has been viewed 1326 times.
Filed Under: Currency
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Converting Existing Ledgers - Sales & Purchase Ledgers - Database Profiles
Viewed 1257 times since Tue, Jun 26, 2012
Set Auto Expand Data Files
Viewed 1332 times since Tue, Jun 26, 2012
Application Differences - Nominal Ledger - Nominal Transactions
Viewed 1486 times since Tue, Jun 26, 2012
Foreign Currency Considerations
Viewed 1609 times since Fri, Jun 8, 2012
Currency Reports
Viewed 1181 times since Tue, Jun 26, 2012
Converting Exisiting Ledgers - Order Processing - Screen Design and Documents
Viewed 1232 times since Tue, Jun 26, 2012
Application Differences - Sales & Purchase Ledger Revaluations - Spot Rate Revaluation
Viewed 1645 times since Tue, Jun 26, 2012
Edit System Status Display
Viewed 1388 times since Tue, Jun 26, 2012
Application Differences - Sales & Purchase Ledgers - Account Enquiry
Viewed 1218 times since Tue, Jun 26, 2012
Sales and Purchase Ledger Revaluations
Viewed 1388 times since Tue, Jun 26, 2012
  • Icon PrinterPrint Article
  • Icon EmailEmail Article to Friend
Article Rating (No Votes)
Rate this article