Maintain Currency

From eStream Software

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.
Maintain Currency-Browse.jpg


Create New Currency

  • Screenshot below is the Currency entry form.
Maintain Currency-Entry Form.jpg
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.
Maintain Currency-Entry Form-Periodic Currency.jpg
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"