If you use the multiple currencies, you use the Currency tab to provide some additional information when you add a new a new company to your organizational reporting structure.
You must identify the functional currency of the company. You also specify the currencies that will be available for use throughout the company. For example, the currencies that you select here will be available in the
Currency drop-down lists in the Transaction Center when this company is active.
Contents
| Field | Description |
|---|
| Code
|
Select the 3-character International Standards
Organization code for the currency that you want to enable for this company.
|
| Description
|
This field displays the description for the currency code.
|
| Functional Currency
|
Select the functional currency for the code. This is the currency of the primary economic environment in which the company operates. Normally, this is the currency in which cash is generated and expended by the company. For example, a company located in France would normally use the euro as its functional or home currency.
|
| Triangulation Currency
|
Select the triangulation currency for the company.
DPS uses the triangulation currency when no published exchange rate exists between two currencies and thus it is not possible to perform either a direct exchange or an inverse exchange.
|
 Insert
|
Click this option to insert a blank line on the Enabled Currency grid so that you can add another currency.
|
 Delete
|
Select a line and click this option to delete a currency from the grid.
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