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Set Application Code Formats |
Article Number: 877 | Rating: Unrated | Last Updated: Tue, Jun 13, 2023 at 12:51 PM
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Datafile Software Set Application Code Formats Whist the code format for the currency and rates files are pre-determined this parameter screen does contain two parameter settings which relate to the foreign currency system. CompanyThis is the company name used in the reports printed from the foreign currency maintenance. Euro RateThis option is used when your base currency is to become the Euro. Invoicer and Order Processing documents print their totals in the currency of the account, when this currency is the base currency and it is scheduled to become part of the Euro-Zone you may wish to include these values in their euro equivalent.Entering the fixed exchange rate, to six decimal places, from the base currency to the euro enables this. Similarly, if your base currency has recently been converted to the Euro but several of your customers and suppliers are still using your original currency then entering the exchange from the Euro to the original currency enables you to print these alternative totals in the original currency. |
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