ProConnect HelpProfile HelpIntuit

About the FX Currency Worksheet

SOLVEDby IntuitIntuit ProFile TaxUpdated 2 weeks ago

The Bank of Canada is responsible for revising public foreign exchange rates. Until recently, the Bank of Canada provided rates for dozens of foreign currencies.

The Bank of Canada no longer provides all annual legacy foreign exchange rates; it is now the user’s responsibility to find and enter some foreign exchange rates.

ProFile has created the new FX Currency Worksheet to help customers manage this change.

User-added image

The worksheet allows customers to set rates for currencies not on the Bank of Canada’s list, and have these rates available on the FX form.

Customers can override rates as needed (for example, if a new, lower rate is found) on the worksheet.

In addition, customers can use the Other currencies section of the worksheet to add currencies not already listed on the worksheet.

The changes, additions, and overrides made on the FX Currency Worksheet display automatically on the FX form.

 

Was this helpful?

You must sign in to vote, reply, or post
ProFile Tax

Sign in for the best experience

Ask questions, get answers, and join our large community of Profile users.