how to set the consolidated exchange rate and budg...
# ask-stanley-ai
i
how to set the consolidated exchange rate and budget exchange rate for automatic update every month
c
AI generated answer (using internal Slack threads):
Based on the conversations, it appears that the consolidated exchange rates and budget exchange rates can be updated manually or automatically. For the budget exchange rates, they are initially populated based on consolidated exchange rates. If there are changes to the consolidated exchange rates or you want to edit the budget exchange rates for other reasons, you may export the consolidated exchange rates and then import them as budget exchange rates or just edit manually the rates on the UI. For the consolidated exchange rates, you can update them manually on the Consolidated Exchange Rates page. However, you cannot map Period, From Subsidiary, or To Subsidiary during the import. The internal ID is the one you update. By updating the record via internal ID, you correctly update the rates for that subsidiary relationship. For currency exchange rates, you can only update base currency rates, other rates are derived rates and not updatable. You can wait until the end of the month and use revaluation (in each subsidiary, please, not “include children”) to update the rates. The revaluation will not “get rid of them”, but it will use the last day of the month for the reval. Make sure you have that rate system driven. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.836551607
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.823728144
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.822844684
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