Currency dimension properties

To set a currency as a reporting currency, the Reporting field must be set to TRUE. If a currency isn't a reporting currency, it must be set to FALSE. When a currency is a reporting currency, it means that all local currencies are translated to that reporting currency for all Entities, even if reporting in a certain currency isn't required. 

If a reporting currency is required only for certain Entities, it should be defined in the Entity Attribute form using the Additional Reporting Currency property.

This property defines the base currency for the system. The base currency is the currency used as a reference to translate all other currencies. When foreign exchange rates are entered, they're always on the base rate. There can only be one base currency, which is set to TRUE, and it's often the same as the main reporting currency. All other currency members are set to FALSE.

This parameter must be set to True if it's a reporting currency and you want to calculate the rates against the base currency.

The rate operator is either multiply or divide, based on how foreign exchange rates are stored.

For example, if the USD to CAD rate is 1.26, then the selected operator would be Multiply. However, if the rate entered is 0.74, then the selected operator would be Divide.