Currency rate management

The Currency rate feature in the Administration > Lookups > Currency rate tool allows administrators to define and manage currency conversion rates used across the system.

Purpose

You can use the Currency rate page to define conversion rates between currencies. These rates are used to convert item values when items are grouped and use different currencies. The converted values are shown in the corporate currency.

Currency rates are typically imported from the client ERP system during the end-of-month periodic update (EOM PU). You can also manually add rates if needed.
Note: If the client system uses only one currency, conversion rates are not required.

Access and permission

To manage currency rates, you must have the appropriate administrative permissions. Without these permissions, the Currency rate feature is not accessible.