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What currency rate type is FA module using for conversion from Corp to Stat asset book

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edited Sep 16, 2020 4:43PM in Assets 6 comments

Summary

Corp asset book in USD and stat asset book in PHP. Looking to determine which currency rate type Fusion Assets is using - Daily, Period End, etc

Content

Corp asset book in USD and Stat asset book in PHP. Looking to determine which currency rate type Fusion Assets is using - Daily, Period End, etc

Also, when is this rate determined - at FA period end, DPIS, prorate date etc, or invoice date if flowing from Payables subledger?

Also looking to confirm that balance sheet items like Cost  as treated in a different way than monthly depreciation postings. 

Your input is very much appreciated! 

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