Question

A global company has enabled multiple currencies in their Salesforce org. The finance team wants opportunity amounts and closed reports to reflect the exchange rate that was in effect on the date each opportunity closed, rather than always using the current rate. As the administrator, what should you configure to meet this requirement?

Accepted Answer

Enable Advanced Currency Management and maintain dated exchange rates

Answer

Update the static conversion rates under Manage Currencies whenever rates change

Answer

Create a currency validation rule on the Opportunity object

Answer

Enable Parenthetical Currency Conversion in the company information settings