Exchange Rates and Parallel Currencies

Nakisa Lease Accounting Suite supports posting asset capitalization, liabilities, payments, accruals, and charges in contract currency and company code currency (local currency), unless an indexed currency has been set up for the contract. For more information, see Using Indexed Currencies.

The application can also be configured to post in parallel currencies (i.e., group, or second and/or third local currencies) on a per-system basis.

See the following topics for more information:

With Parallel Currencies Disabled
With Parallel Currencies Enabled
Weighted Average Exchange Rate