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Question on Exchange Rate Load- Process

edited Jan 30, 2019 4:30PM in General Ledger & Intercompany 3 comments

Summary

Daily Exchange Rate Question

Content

Hi,

We have a daily automated exchange rate upload from a FX provider- so we are loading it every night into GL Daily Rates table. However had a few questions on the process here:

For example: 11/28, rates are loaded in the evening. Thus the rates are uploaded for daily Date of 11/28

However, when users get in the system on 11/29 morning, how do they create transactions on 11/29 since there are no rates on 11/29? There always seem to be a daily lag here. How is this handled since this seems to be a very common requirement.

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