1.19 Capture Currency Details
This topic describes the rate codes associated with a currency.
Each Rate Code is associated with a currency. The user can define rates for the same Rate Code in different currencies.
For example, the user can have a rate code TERMDEP45 (with a description of rates for a Term Deposit of 45 days). Thus, the user can define a set of rates for contracts in U S dollars and another set for contracts in Great British Pounds. When the user links a contract in US Dollars to the rate code TERMDEP45, the rates defined for this currency will be applied. Similarly, if the contract is in Great Britain Pounds, the rates defined for that currency will be applied.
Parent topic: Core Maintenance