QuestionQ680

Organization Setup

Your organization is a US-based company whose default currency is US Dollars. As a sales representative, your personal currency is set to British Pounds. You create an opportunity using British Pounds as its currency. The administrator changes the currency conversion rates. Which option best describes what occurs to the amount of your British-Pound opportunity?

  • A The overall opportunity amount does not change but the converted amount in a report does.
  • B The overall opportunity amount and converted amount in a report changes
  • C Only newly created opportunities reflect the change
  • D Only historically created opportunities reflect the change
Explanation

An opportunity retains its entered amount in its record currency, British Pounds. Changing static conversion rates recalculates currency conversions using the new rates, so a report’s converted amount changes while the original opportunity amount does not. Salesforce states that changed conversion rates update currency amounts using the new rates and that reports can display converted amounts in a selected currency.

Learn more

Community Discussion

No comments yet. Be the first to start the discussion!