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Nominal Ledger Transactions - Update Currency Rates

This function on the Operations menu of the Transaction record brings in the latest Exchange and Base Currency Rates to all rows of the Transaction. It also updates all amounts in Base Currency 2 on flip B and, if appropriate, in Currency on flip C.

You will usually use this function when you create a new Transaction by duplicating a previous one, or when you change the Date of a new Transaction after having entered some Transaction rows. When you change the Date in a Transaction, the Exchange and Base Currency Rates are not updated automatically. So, having changed the Date, choose this function from the Operations menu to ensure all rates are correct.

The function has no effect once a Transaction has been saved.