The pivot currency is used as the basis to calculate the other currency values. The pivot must be defined for both single currency and multi-currency business units.  It is very important the correct pivot currency is chosen. It is worth taking the time now to get the business unit set up correctly first time.

Where base, transactions and second base/reporting values are being used two sets of currency rates will be required.  Where base and transaction values are being used only one set of currency rates are required.  Where only base values are being used the pivot currency would still need to be selected but no exchange rates are required.

The pivot currency is used as the basis to calculate the other currency values. The pivot must be defined for both single currency and multi-currency business units.  It is very important the correct pivot currency is chosen. It is worth taking the time now to get the business unit set up correctly first time.

Where base, transactions and second base/reporting values are being used two sets of currency rates will be required.  Where base and transaction values are being used only one set of currency rates are required.  Where only base values are being used the pivot currency would still need to be selected but no exchange rates are required.