Converting Transaction Currency to Functional Currency to Reporting Currency

[andrew_zuora]

How does the RevPro configuration work for converting “Transaction Currency” to “Functional Currency” to “Reporting Currency”?

Is RevPro taking the exchange rate from TC to FC, and then the exchange rate from FC to RC? Is it possible to convert from TC to FC and also TC to RC?

[andrew_zuora · Accepted solution]

Answer:

The conversion happens in RevPro from “Transaction Currency” to “Set of Books Currency”, and then from “Set of Books Currency” to “Reporting Currency”.

There is no option in the system to override this.