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Load exchange rates daily instead of monthly - Considerations

edited Mar 16, 2021 10:12AM in General Ledger & Intercompany 2 comments

Content

Hi,

We are planning to move from uploading exchange rates for the entire current month and half of next month on the first day of the current month to loading rates daily. This change affects our default rate type used by all subledgers.

I am looking for some input to the considerations we should make and would really appreciate your thoughts on this.

What might the implications of not having forward looking rates be?

Thanks!

 

Version

21A
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