Updating FX Method Rates Input App

Use the FX Method Rate input app to set the foreign exchange rate to apply to Longview Transfer Pricing actual and forecast elements.

Accessing FX Method Rates

1. Select the Transfer Pricing module.
2. Select the Administration category.
3. Expand Foreign Exchange.
   1. For ASC systems, click XCCC0101 - FX Method Rate Table. 
   2. For IAS systems, click XCCC1101 - FX Method Rate Table. 

Updating FX Method Rates

To update the FX Method Rate input app:

1. For each Element symbol (down), specify one of the following foreign exchange tax method rates:

   1. RPerTax:Income statement period average rate.

   2. RPerTaxB: Beginning of year spot rate.

   3. RPerTaxE: End of year spot rate.

   4. RPerTaxQ1: Q1 spot rate.

   5. RPerTaxQ2: Q2 spot rate.

   6. RPerTaxQ3: Q3 spot rate.

   Note: The default rate for the Transfer Pricing actual and forecast elements is RPERTAX.

2. When you are finished, click Submit.