General parameters > Chapter Acc Payable/Acc Receivable > Parameter CHGRAT (Reval. payment accounting rate) 

Use this parameter to define how the currency exchange rate is identified, when the payment goes through several steps.

This parameter can be set to No or Yes.

  • No: The payment exchange rate is only determined during the second posting step (the exchange rate for the first posting step is set by the payment transaction setup). For the next validations, carried out at a later date (when and if the exchange rate is changed), the rate used in the first posting step is kept.  
  • Yes: The payment exchange rate is determined at each posting step based on the payment transaction setup. If a payment contains several validation steps before the bank posting phase, the exchange rate is determined at each new posting date. When the matching process is performed, the exchange rate variance entry is then created.

Level of localization / Global variable

This parameter is defined at the level Company.It belongs to Chapter TRS (Acc Payable/Acc Receivable) and the Group ACC (Accounting Interface),The following parameters are also associated with this chapter and group :

No global variable is associated with it.

Functions concerned

The following functions are associated with this parameter :

 A/P-A/R accounting > Payments > Payment/Receipt entry

The functions linked to the payment entry are linked to this parameter. In particular, the functions used for the second posting step: Intermediate posting, Bank posting, Notes P/R risk closing, Customer prepayment allocation and Doubtful receipt entry.