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Multi Book
Hello Gurus!
I have a scenario please:
A non-US parent wants to report US sub's operations in a different currency in a secondary book.
(1) We need to set up a secondary books that will use automatic integration exchange rate (current spot rate).
Q: Is there any documentation on how to use the exchange rate integration with secondary books for auto update so transactions use current rates when translating everything from primary to secondary books in real time?
(2) We also need another secondary book that will translate the primary book from, say, USD to Euro, at a predetermined, constant rate.
Q: Is this possible? Is there any documentation on this? If I set the rate in advance manually, will it be for the year or for lifetime?