Payables and Cash Management - EBS (MOSC)

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Why is Exchange Date Field mandatory for 'User' rate type? What is the significance?

edited Jun 1, 2017 5:04AM in Payables and Cash Management - EBS (MOSC) 5 commentsAnswered

When we are creating a foreign currency in Payables, why is the exchange date field mandatory?

I understand for Corporate and Spot rate types, the rate is picked up from the daily rates table based on the exchange date, but for user rate type the user is directly entering the rate. Then why do we need to enter date?

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