Modifying currency codes

Modify currency codes on the Maintain Currency screen.

To maintain currencies:

  1. Select Administration > Currency > Currency. The Maintain Currencies page is displayed showing the list of existing currency codes. The indicates a Corporate Currency and the indicates the Property Home Currency. A corporate currency is the currency in which your corporate headquarters reports revenue. The property home currency is the currency in which the property home reports revenue.
  2. Specify the currency code to modify from the Currency Code List and click Edit. The Edit Currency tab is displayed and is populated with the existing currency information.
    Note: Use the Status Filter in the Currency Search section to filter the currency codes displayed based on their status. You can filter to show All records, or only Active or Inactive records.
  3. Specify this information:
    Currency Name
    Specify the name of the currency. The currency name is automatically populated based on the existing currency record.
    ISO Numeric Code
    Specify the three digit code assigned to the currency based on the ISO currency definition.
    Currency Description
    Specify a description of the currency.
    Currency Symbol
    Specify the graphic symbol that represents the currency.
    Decimal Symbol
    Specify the symbol that is used for the currencies decimal separator, such as a comma or a period.
    Grouping Symbol
    Specify the standard grouping symbol for the currency that is used to separate thousands within the currency, such as a comma or an apostrophe.
    Digits After Decimal
    Specify the number of numeric digits to display following the decimal symbol.
    Positive Format
    Select the location of currency symbol relative to the numeric portion of the currency amount.
    Negative Format
    Select the format in which to display negative currency amounts, such as -$1.1 or ($1.1).
    Property Home Currency
    Select whether the currency is a home currency for the current property.
    Payment Rounding Method
    Select a method to round off the payment amount. This payment rounding method rule is based on the payment amount being posted to the folio. The available options are:
    • Up
    • Down
    • Nearest – default
    • Up, Multiple of
    • Down, Multiple of
    • Nearest, Multiple of
    • Center Point
    Payment Rounding Amount
    The rounding off amount is based on the Payment Rounding Method specified for maintaining the currency type.

    For example: If the Multiple of option is selected the amount is rounded to a value that is a multiple of the rounding off amount specified. If the rounding off amount is 0.05, the result is 120.10.

  4. The current Status for the currency is displayed as being either Active or Inactive. Choose one of these options to update the currency status:
    Option 1 Option 2
    Click Activate to update the currency status to Active. Click Deactivate to update the currency status to Inactive.
  5. Click Save. The currency code is updated and the Currency Code Lists tab is displayed.