Maintain Currency

Menu: Tools | Maintain Currency...

Introduction

• You can create and set the currency and the exchange rate.
• Default currency (----) is your based home currency. For example, your Financial Reports currency is SGD, then you should rename the default currency's description and symbol to "SINGAPORE DOLLAR" and "SGD" respectively.

Create New Currency

• Screenshot below is the Currency entry form.

Field Name	Explanation & Properties
Currency	Input the new currency code Field type : Alphanumerical Length : 6
Symbol	Input the ISO Currency code, eg MYR, SGD, USD, etc. Field type : Alphanumerical Length : 6
Description	Input the Currency description Field type : Alphanumerical Length : 30
We BUY at rate	Exchange rate relate to PURCHASE module Field type : Numeric
We SELL at rate	Exchange rate relate to SALES module Field type : Numeric

Create Periodic Exchange Rate Table

• You can define periodic exchange rate from date to date.
• See below screenshot as example.

Doc Type	Doc Date	Exchange Rate
Sales Invoice	02/01/2013	-	Cash Sales	15/02/2013	-	Purchase Invoice	15/01/2013	-	Cash Purchase	08/02/2013	"BuyingRate = 3.1550"