Account Property Table
Each account has its own translation rate to be defined. Flag the proper one accordingly with the nature of the Account. The red alert on the right is on if No Translation Rate has been selected or Multiple Translation Rates have been selected for the same Account.
> CLOSING: the Account Closure (CLO) Mov will be translated at Closing Rate (e.g. Credits accounts)
> AVERAGE: the Account Closure (CLO) Mov will be translated at Average Rate (e.g. P&L)
> HISTORICAL: the Account movements (MOVs) will be translated at an indicated historical rate specific for that combination of dimensions (e.g. Equity) and Closure (CLO) then re-calculated.
> NON MONETARY: these Accounts will be translated (e.g. head-count accounts) at neutral (1) exchange rate to preserve the amount
Click Confirm when Done
Additional Information how this settings drive the Translation Process can be found at Chapter 5- Preliminary Calculation