Handling commissions for Currency Exchange transactions

To handle commissions for Currency Exchange transactions:

  1. Select Accounts > Folio > Actions > Currency Exchange.

    The Currency Exchange screen is displayed with the Folio field set to Currency Exchange.

  2. Specify this information:
    Currency In
    The currency type other than the value specified for the default property.
    Note: 
    • The Exchange Rate and Currency Out values are populated based on the currency you select.
    • The value is defaulted if the CURREXCHANGEFOLIODEFAULT property parameter is specified on the Property Parameters screen.
    Amount In
    The transaction amount.
    Currency Out
    The code of the currency with an exchange rate. The amount is exchanged to this currency based on the specified exchange rate.
    Note: The value is defaulted if the CURREXCHANGEFOLIODEFAULT property parameter is specified on the Property Parameters screen.
    Transaction
    The transaction code and description.
    Note: The value is defaulted if the CURREXCHANGEFOLIODEFAULT property parameter is specified on the Property Parameters screen.
  3. Click Calculate. The application displays the record details for the cash transaction in the foreign currency.
  4. Click Submit. The currency exchange transaction data is displayed on the Folio tab.
    Note: 
    • The Passport and ID number fields are masked based on the value specified in the property parameter MASKPERSONALINFORMATION.
    • The property parameter MASKPERSONALINFORMATION is not applicable when the VVIP functionality is enabled for the property.
    • The CURREXCHANGEFOLIODEFAULT property parameter can be used in countries such as Peru where the local currency is PEN, however the Property Currency is set to USD.