Cost is Calculated on the Most Recent Currency Curve Available

Top  Previous  Next

If there are several currency curves for the same currencies pair but with different dates, the cost sheet will always be calculated based on the most recent currency curve it finds.

 

Example:

Enter rate EUR/USD = 1.36 on 2 February 2014.
Setup Intercompany currency = USD.
Create a contract in EUR on 4 February 2014.
Under the cost tab, System/Percentage and other cost items with currency as EUR has rate as 1.36.
Now enter a new rate in Market data for EUR/USD = 1.42 on 5 February 2014.
Return to the cost tab for the same contract and press F5 to refresh or select the Edit button for the cost sheet.
The rate is updated to 1.42 for System/Percentage and other cost items with currency as EUR.