| # To handle rate determiners in Purchase A company's currency system, which you can define in the Currency System field of the Companies (tcemm1170m000) session, defines how amounts are calculated and registered. Three currency systems are available: Single currency. Independent currency. Dependent currency. Based on the currency system selected in the Purchase Control module, you can define the following rate determiners:
Currency System: | Single Currency
Rate Determiners: | Document Date
Expected Cash Date
Manually Entered
Fixed
Receipt Date
Currency System: | Independent currency
Rate Determiners: | Document Date
Expected Cash Date
Manually Entered
Fixed Hard
Fixed Local
Fixed Local and Hard
Receipt Date
Currency System: | Dependent Currency
Rate Determiners: | Document Date
Expected Cash Date
Manually Entered
Fixed
Receipt Date
For more information on the function of each rate determiner, refer to Currency Rate Determiner. Related topics Currency systems |