Predict the effect of changing the exchange rate
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To predict the effect of changing the exchange rate for a currency:
- From the Module Menu select Maintenance, Acquisitions and then Currencies.
- Do any of the following.
- Select the Currency code from the dropdown list. If you select the Include inactive option then the dropdown list will include the currencies that have been deactivated.
- Click Search, find the currency you want, and click Select Record.
- Click Predict.
- Enter the new exchange rate in the Predicted currency rate box, and click Predict.
This lists all the funds that are linked to the selected currency, and shows the budget, the current balance (based on the existing exchange rate) and the predicted balance (using the new rate).
The Status column will show “Overspend: Warning” if the predicted balance is within the Minimum fund balance, and “Overspend: Critical” if the predicted balance is negative.
- Click Close.