Setting Up Currency Codes

On the Currency Codes form, select Actions > New.

Specify this information in the header section:

Currency: Specify a three letter code for the new currency.
(Currency Description): Specify a description for the new currency code.
Currency Symbol: Specify the character to display with the currency.
Country: Select the country for the new currency code.

Use the General tab to set formats and general parameters for currency codes. Specify this information:

Amount Format: The decimal format used by default is displayed. Optionally, specify a different decimal format. You can use up to eight decimal places.
Amount Total Format: The format used by default to display amount total decimal fields is displayed. Optionally, specify a different decimal format. Amount total decimal fields show the sum of two or more amount decimal fields. After making changes to this field, you are prompted to log out and back in for the changes to take effect.
Cost/Price Format: The format used by default to display Cost/Price decimal fields is displayed. Optionally, specify a different decimal format. Cost/Price decimal fields typically display the cost or price amount. After making changes to this field, you are prompted to log out and back in for the changes to take effect.
Rate is Divisor: Select this check box to specify that currency exchange calculations will use the exchange rate as a divisor of the domestic currency rather than as a multiple.
Part of Euro: Select this check box if the country of this currency is a participant in the Euro currency system.
Euro Exchange Rate: If the currency is set as Part of Euro, specify the number of units in this foreign currency to one unit of the Euro currency.

Use the Unrealized tab to set parameters for unrealized accounts associated with the currency code. For each account, select the account number that you want to apply to the designated currency. The default value for each account is from the Multi-Currency Parameters form.

Use the Realized tab to set parameters for realized accounts associated with the currency code. For each account, select the account number that you want to apply to the designated currency. The default value for each account is from the Multi-Currency Parameters form.

Save the record.