Basic Info |
The Basic Info tab for currency exchange information enables you to define identifying information about currency IDs.
When you order or receive items, the system converts foreign prices to its base (usually local) currency and rounds the amount to the nearest lowest monetary unit (U.S. = cent). If you assign a different currency to users, when those users log on, the system converts the base currency to the currency specified for the logged-on user.
Detail View Header
The field in the top section of this tab defines the data that displays.
Currency ID
Identifier of the local currency currently selected in the grid or that you are defining. This field has a list box. If the ID is already defined, the local currency description displays to the right of the ID.
Detail View
The fields in the bottom section of this tab define the currency ID.
Description
Description of the currency ID.
Currency symbol
Symbol for the local currency ID. This symbol appears in all cost fields that display a value using the currency ID.
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See Also
To display and define the system's base currency, use the Currency/Sales Tax Setup tab on the Data -> Setup -> Options screen.
To display and define user currency that differs from the system's base currency, use the Basic Info tab on the System Mgmt -> Setup -> Access Rights -> Users screen.