Multicurrency Conversion Constant

When the multicurrency conversion constant is activated, the system displays currency fields on various entry and inquiry forms. To activate JD Edwards EnterpriseOne Multicurrency Processing, you must set the constant in the Multicurrency Conversion field to Y (multiplier) or Z (divisor) depending on the default conversion method to use:

• Y: Use the multiplier rate to convert amounts from one currency to another. The system multiplies the foreign amount by the exchange rate to calculate the domestic amount.

• Z: Use the divisor rate to convert amounts from one currency to another. The system divides the foreign currency amount by the exchange rate to calculate the domestic amount.

You can override the default conversion method when you set up specific currency relationships.