Siebel Employee Relationship Management Administration Guide > Setting Up Compensation Planning >

Exchange Rates for Compensation Planning

When planning compensation that uses multiple currencies, the associated currency exchange rates must be defined and accurately maintained within the Siebel application.

The exchange rates from one currency to another must be defined with reciprocity within currency administration. For example, the exchange rate between U.S. Dollars to Japanese Yen and Japanese Yen to U.S. Dollars must both be defined.

Process of Setting Up Compensation Planning