5.3 Process Country Currency Maintenance Detail

This topic provides the systematic instructions to set up the country-currency association.

The countries maintained in the system must be associated with their respective currencies. This association is used in the Fund Rules setup for a fund, where the base currency of the fund may be defaulted to the currency associated with the country of domicile of the fund.

1. On Home screen, type UTDCONCU in the text box, and click Next.
   The Country Currency Maintenance Detail screen is displayed.

   Figure 5-3 Country Currency Maintenance Detail

   
   

   
   Description of "Figure 5-3 Country Currency Maintenance Detail"

   
   
2. Before you associate a country with its currency, it is desirable to ensure that the following information is already setup in the system:
   • The countries that must be associated with their currencies must be set up in the system in the Country Maintenance.
   • The currencies must also be set up in the system in the Currency Maintenance.
3. On Country Currency Maintenance Detail screen, click New to enter the details.
   For more information on fields, refer to the field description table.

   Table 5-2 Country Currency Maintenance Detail - Field Description

   Field	Description
   Country Code	Alphanumeric; 3 Characters; Mandatory Select the country that must be associated with its currency, from the list provided. A country can be associated with only one currency in the system.
   Currency Code	Alphanumeric; 3 Characters; Mandatory Select the currency that must be associated with the selected country.