Siebel Applications Administration Guide > Ongoing Application Administration Tasks >

Setting Up Currencies

You specify the currencies your company uses by:

• Making Currencies Active. If the Siebel application includes the currency definitions you need, then make these currencies active.
• Defining Currencies. If you need additional currencies that have definitions the Siebel application does not include, then you must also define these currencies.

NOTE:  If you use multiple currencies, then you must also set up exchange rates before you import data that contains foreign currencies and before you use any of the Siebel currency features.

Making Currencies Active

The Siebel application includes more than 30 currency definitions. If your currency is one of these currencies, then mark it as active.

To make currencies active

1. Navigate to the Administration - Data screen, then the Currencies view.
2. For any currency that you want to make active, click the Active field in the Currencies list.
3. (Optional) Enter the Start Date and End Date in the form to specify the date when this currency is active and the date when it is no longer active.

Defining Currencies

If your company uses any currencies that the Siebel application does not include, then you must define them and mark them as active.

If you modify the definition of currencies, then you must clear the cache or log out and back in to the Siebel application before the modification becomes visible. For more information about clearing the cache, see Clearing the Cache.

You cannot delete a currency after you have defined it. If you no longer use it, then you can mark it as inactive.

To define a currency

1. Navigate to the Administration - Data screen, then the Currencies view.
2. Create a new record, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Comments
   Code	Type the three-letter code for the currency.
   Name	Type the name of the currency.
   Issuing Country	Select the country that issues the currency.
   Symbol	Type the symbol for the currency, such as $.
   Scale	Type the number of places after the decimal for displaying currency in the interface. For example, U.S. Dollars has a scale of 2 to accommodate the cents, so an amount appears as $10.50. If the scale is 1, then this same amount appears as $10.5.
   Smallest Denomination	Type the smallest unit of currency available. For example, the smallest unit of currency for the U.S. Dollar is one cent, or .01 dollars. If there are no cents, then the scale is still 2, but the smallest denomination is $0.05.
   EMU Triangulation	Select the check box to indicate that this currency must be converted to other checked currencies using the EMU Triangulation method.
   Active	Select the check box to indicates the currency can be chosen by the user.
   Start Date	Select the date when the currency becomes active.
   End Date	Select the date when the currency is no longer active.
   Extended Scale	Type the number of places after the decimal for storing currency data in the Siebel database. The following values must be the same: The number of decimal places that the value in the Extended Scale field designates The number of decimal places that the value in the Scale field designates The number of decimal places after the decimal in the value in the Exchange Rate field (in the Exchange Rate view in the Currencies view of the Administration - Data screen) If these values are different, then results of currency calculations (for example, conversions or discounts) might be different than expected. Unexpected calculations result because the currency values that are stored in the Siebel database, and not the displayed values, are used for the calculations.