Wednesday, May 1, 2019

Adaptive Insights. Net Income Account Line Uses End of Month Exchange Rate Settings on P&L Sheet

- Navigate to Home > Sheets> Functional P&L.

- Net Income account line is converting the amount using the End of Month Exchange Rate settings.

To fix this:

1. Navigate to Admin > Manage Your General Ledger Accounts > Search for Net Income account.

2. Click on Cell Explorer button > Account Net Income

2. On the Account Details section, set Exchange Rate field to Avg: Monthly Average.

3. Click on Save and then Done.

4. Go back into the Functional P & L sheet and refresh it. The Net Income amount should be calculated by monthly average this time.

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