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Organization – Exchange

Exchange screen is used to update the currency conversion rates. This screen helps you keep up to date with the current rates with respect to currency exchanges.   Fields & its description
  • Date
Choose the date of entry of these values. It is essential that this shall be updated before transactions so that the latest values are applied.
  • Base Currency
In this field, select the currency that you want to convert.
  • Currency
The resultant currency should be selected here. This is the converted currency.
  • Conversion Rate
Enter the conversion rate in this field. After entering the conversion rate, the result will be displayed as follows. It is in this format: [Conversion Rate] [Base Currency] = 1 [Currency]. 1 [Base Currency] = [Conversion Rate] [Currency].       [expand title="How to add an entry in organization - exchange?"]  
  1. Type all the required details in the fields.
  2. Click on save after completing.
  3. The data you have entered shall be saved.[/expand]
  [expand title="How to edit an entry in organization - exchange?"]  
  1. Select the field you want to edit and modify it.
  2. After the editing is done, click on the update button.[/expand]
  [expand title="How to delete an entry in organization - exchange?"]  
  1. To delete the whole entry, choose the exchange you want to delete.
  2. Click on delete button. [/expand]
                     

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