Set up average currency conversion factors

Article • 4/27/2026 • 1 min read

You can calculate average rates on the fly and store each company’s end of period (EOP) average rates by period.

To set up average currency conversion factors

  1. Open the Average Currency Conversion Factors (CCAVG) page.

    a. Select Utilities> Company Setup > Finance > Average Currency Conversion Factors.

    Or

    b. Search for CCAVG in the Navigation box and then select Average Currency Conversion Factors.

    The Average Currency Conversion Factors (CCAVG) page appears.

  2. On the Toolbar, click New.

  3. Click the Accounting Period lookup reference at the end of the field.

    The Lookup For Accounting Period window appears.

  4. Select a row and click Select to select the accounting period for which you want to calculate average rates.

    Click Cancel to exit from the Lookup For Accounting Period window.

  5. On the Toolbar, click Save. The changes are saved.

  6. Click the Recalculate Period Averages available on the child toolbar to recalculate the EOP rates for the current period displayed.

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