When foreign transactions are batched and exported, the currency spot rates associated with the batched transactions are calculated and exported as well. A calculated currency spot rate is required because the individual transactions reference currency spot rates that are, in all probability, not the same for each transaction in the general ledger batch. Also, since GL batches do not consist of just one transaction, a method is employed to determine the overall currency spot rate for the batch. This is accomplished by calculating a weighted average for the currency spot rates.
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