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Currencies and exchange rates

The “Currencies” and “Exchange rates” directories are used for settlements in different currencies and correct amount conversion by dates.

Currencies​

Currency card​

Typical fields:

  • ID (for example, a three‑character code);
  • Name;
  • Default — the currency that is prefilled automatically when creating new data, if the process implies it.

It is recommended to:

  • have one currency marked as the default currency;
  • avoid duplicates with the same currency code.

Exchange rates​

An exchange rate is stored as a set of lines with dates and values.

Exchange rate card​

The exchange rate card typically contains:

  • Name;
  • Currency for which the rate is maintained;
  • the Default flag (for the selected currency).

Below is a table of exchange rate lines:

  • Currency (the currency from which conversion is performed);
  • Date;
  • Rate.

How the date is used​

When converting by a document/operation date, the system selects the rate value for the latest date that does not exceed the document date. Therefore, it is important to regularly add new exchange rate lines when values change.

Practical recommendations​

  • Enter exchange rates with correct effective dates.
  • If the rate changes, add a new line with a new date (do not edit “historical” values without a clear need).