AccountMate accommodates foreign currency transactions by using currency codes. For each active currency code you can specify the currency exchange rate to multiple target currencies. Each currency exchange rate requires a target currency and the date the exchange rate is effective. The Currency Exchange Listing provides information on the exchange rates for each currency code and its target currency. The report also shows the currency exchange’s rate effectivity date and the inverse rate. The report can be used to review and verify the currency exchange rates and its effective dates. Currency exchange rates are set up using the Currency Exchange Maintenance function.

You can generate the report for an individual transaction currency code. You can also opt to generate this report either for all or a range of transaction currency code or target currency code. You can further opt to specify the exchange rate’s effective date.