SA Currency Setup overview

System Administrator > Setup > Currency

Function acronym: SASTC

Use this page to define a foreign currency, and specify an associated bank, General Ledger account code, and exchange rates. Currency exchange rates are used throughout the system when orders or invoice amounts are calculated or certain balances are updated.

SA Currency Setup provides several fields to specify currency codes. These code fields have variable character limits:

  • Currency Code: 2-character field
  • Currency Symbol: 1-character field
  • Standard Currency Code: 3-character field
  • EDI Currency Code: 3-character field

In addition, the description fields have limits:

  • Short Description: 4-character field
  • Description: 24-character field

Certain code fields are displayed with specific functions to show the foreign currency in context. For example, the 2-character Currency Code is displayed in reports, such as SM Rebate Report and PD Pricing Setup detail. The 24-character Description is displayed in Currency fields, such as in PD Rebate Reconciliation Entry-Update and Sales Order Entry-Extended-One Time Rebate.

Prerequisites

File setup is initially used to set up the database with static information, and then to maintain or delete that information as it changes. Reports that list the information contained in the database are printed through report functions. As you enter information during the setup process, print it to verify its accuracy.

The operator security settings determine which activities an operator can perform within each permitted function. Before proceeding with System Administrator setup, ensure that there is an operator record with the necessary security settings to move the setup process forward.

Because of the many inter-dependencies throughout the system, the initial setup procedures must be performed in a specific order. These setups must be completed before initial file setup can begin:

  • SA All Company Info Setup
  • SA Company Setup
  • SA Operator Setup
  • SA Table Code Value Setup
  • SA Currency Setup
  • GL Account Setup