IMPORTANT |
It is extremely important that you set up and work within your own company to maintain your data integrity. If you work within any other company, your exercises will not function as intended and the data of other students might be affected. Predictable exercise results require that your data is isolated in your own company. |
Purpose: The purpose of this exercise is to show you how to set up currencies used in the Application.
Windows:
ISO Code Usage
Purpose: The purpose of this exercise is to show you how to connect the currencies defined above to your company.
Windows:
Currency Codes
Purpose: The purpose of this exercise is to show you how to add currency rates. These rates are the cross rates between the accounting currency (your currency) and the currency used when making a financial transaction.
Windows:
Currency Rates
Purpose: The purpose of this exercise is to show you how to define a new rate type to use when buying currency. Currency rate types are sometimes used for splitting currency rates into buy and sell rates.
Windows:
Currency Rate Types
Currency Rate Type | Currency Rate Type Description | Ref Currency Code | Default Type | Currency Rate Type Category |
BUY | Rates when buying currency | Enter your accounting currency | No | Normal |