Maintain Currency Information – A summary of the activity
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This activity helps you to maintain the details of the currencies that are used in the company transactions. The various currencies and their descriptions can be defined along with the currency sub-units and number of units. The currencies thus defined can be associated to companies in the “Assign Permitted Currencies” page of the “Maintain Company Information” activity.
You can also define and view exchange rate information between two currencies.
Getting familiar with the pages inside
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Maintain Currency Information |
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Maintain Exchange Rate Information |
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View Exchange Rate History |
What you can do in this activity
Maintain exchange rate details
You can enter the details of the currencies in which the companies can transact.
Use the “Maintain Currency Information” page to maintain the currency details.
Maintain exchange rate details
The conversion factor between two currencies is established through the exchange rate. The exchange rate can be defined for any two currencies.
Go to “Maintain Exchange Rate Information” page to define the exchange rate details.
You can view the details of the exchange rates defined between two currencies for a particular time period.
Go to “View Exchange Rate History” page to view the exchange rate details between two currencies for a specific time period.