Use the Exchange Rate register in the System module to enter conversion rates between foreign Currencies and the home Currency. Each time an Exchange Rate changes, you should enter a new record to the register rather than modifying an existing record. This ensures an accurate history will be created which will then be used when currency conversions are required when producing reports.

Clicking on the [Exchange Rates] button in the Master Control panel in the System module brings up the 'Exchange Rates: Browse' window, showing Exchange Rates already entered. Click the [New] button in the Button Bar to enter a new record, or select an Exchange Rate similar to the one you want to enter and click [Duplicate] on the Button Bar.

The 'Exchange Rate: New' window is shown, empty if you clicked [New] or containing a duplicate of the highlighted Exchange Rate. In the case of the duplicate, the Date of the new Exchange Rate will be the current date, not the date of the original Exchange Rate.Please click for details about using the Currency register with the simple conversion system, the Dual-Base system, and both systems in combintion.

Previous Next Top Entire Chapter in Printable Form