7 - Currency

Currency Code

A code that identifies the currency of a transaction.

Base Currency

A code that represents the currency of the company for a transaction. For a foreign currency transaction, this is the currency code of the domestic side of the transaction.

Mode

An option that specifies whether the system displays amounts in the domestic or foreign currency.

On: The system displays amounts in the foreign currency of the transaction.

Off: The system displays amounts in the domestic currency of the transaction.

Exchange Rate

A number (exchange rate) that a foreign currency amount is multiplied by to calculate a domestic currency amount.

The number in this field can have a maximum of seven decimal positions. If more digits are entered after the decimal point, the system retains the nearest seven decimal positions.