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Our client would like to translate cash flow line items at a more accurate rate than just using the M, D or B rate. In order to provide them the functionality we would make use of the historical rates table. Their concern is that head office should not be responsible to update this information but it would be easier if the users can upload this for every required period.
Depending on the amount of companies this could be a lot of information that is entered manually and will be different for every period.
Example - A vehicle is bought during the month (Additions) at a specific rate for that addition. So instead of converting the LC value to the D/M rate it would be more accurate to use the fixed rate for that addition.
Needed by Date | May 31, 2021 |
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