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.
    Amount In
    The transaction amount.
    Transaction
    The transaction code and description.
  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.