FX risk report missing a closing rate
Exception
Situation
Foreign amounts show but are not added to the total.
Recommendation
Add the closing rate — the system never adds 1:1 into functional currency.
Why
Adding foreign amounts 1:1 gives a wrong number; the system shows the original currency and waits for a rate instead of guessing.
Steps
- Find currencies missing a rate.
- Enter the closing rate.
- Reopen the report.
Avoid
- Add foreign amounts into the total by hand.
Roles & permissions
General accountant.