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This article applies to:

  • Product: ONESOURCE New Tax Provision

Currency Rates

You can populate your currency rates in a specific dataset by using the
Currency Rates
 option. You can select the currency as well as enter the Beginning Deferred FX Rate, Ending Deferred FX Rate, and Weighted Average FX Rate.
note
You must set up the
Currency Rates
 dataset parameter in order to access the Currency Rates option. See Dataset Parameters.
To activate the Currency Rates option:
  1. Select
    My Datasets > More > Dataset Parameters
    .
  2. Type
    CurrencyRates
     for the Parameter Name.
  3. Select
    Alphanumeric
    for the Parameter Type.
  4. Type
    Y
     for the Parameter Value.
To enter data for Currency Rates:
  1. Select
    My Datasets
     and then
    More
    .
  2. Select
    Currency Rates
    .
  3. Select the
    Currency
    .
  4. Type the
    Beg Deferred FX Rate
    .
  5. Type the
    End Deferred FX Rate
    .
  6. Type the
    Wghtd Avg FX Rate
    .
Symbol
Rates
Copy From Admin
Populate All
Select a Currency Symbol from the list.
Enter the Beginning Deferred FX, Ending Deferred FX and Weighted Average FX rates.
Select
Copy from Admin
 to copy the currency rates set up in
My Datasets > More > Currency Rates.
Select
Populate All
 to add all default currency rates from in
My Datasets > More > Currency Rates.
note
Mass Update Rates lets you to apply Tax and Currency Rates on a universal basis to datasets.