You can create and modify the period exchange rates for currencies.
Go to Financial/Reports/VAT / Currencies/Exchange rates or Financial/Setup/General/Currencies. Next, click Show to display the list of currencies and exchange rates. Select a currency under the Code column. Then select Period and click New (under the Exchange rates section) to add an exchange rate.
Note: The Exchange rates section is not available for default currencies.
To modify the exchange rate, select a currency under the Code column. Then, click the hyperlink under the Period column.
To create and modify exchange rates, function right 36 – Maintain currencies period rates and function right 51 – Maintain exchange rates are required. By default, users with the General Manager and Controller roles have these function rights.
For more details on what you can do with function rights or levels, go to System/Setup/Security/Function rights, select the required module, and then click on the relevant ID. To find out the functions you can perform with a particular role, go to System/Setup/Security/Roles, type in the description, click Refresh, and then click the required link under the Role column.
Click this to save the exchange rate.
Click this to save the exchange rate and create another exchange rate.
Note: This button is available only if you are creating an exchange rate.
Click this to delete the exchange rate.
Note: This button is available only if you are modifying an exchange rate.
Click this to exit.
Type the year to create the period exchange rate for that year.
Type the period to create the period exchange rate for that month.
Type the average exchange rate of the currency in relation to the default currency.
Type the closing exchange rate of the currency in relation to the default currency.
Type the budget exchange rate of the currency in relation to the default currency.