2. Multi Currency

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Currency SetupCurrency Setup

Located under Setup Module, Currency Setup involves:-

Currency Code

Foreign Currency

Foreign Exchange Rate

Notes:-

If you did not purchase multi-currency module, the ForeignCurrency & Foreign Exchange Rate programs will e

inacti!e "grey-off#$ %ou will only ha!e access to Currency

Code$


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If you aredealing in

ultiple

currencies,

first, you needto setup the

currency codes

through !Setup

- Currency

Setup-

Currency Code"

progra#

Multi-Currency SetupMulti-Currency Setup


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Currency CodeCurrency Code

Function: $o define any

currencies that your %usiness

uses in the transactions#

Currency Code List &indo&

displays all the currency codes#

Clic' the (e& icon to create ne&

currency code#

(e& icon#


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Currency Code MaintenanceCurrency Code Maintenance

) characters, alphanueric#

*+ characters,

alphanueric#

If you are dealing in multi-currency, after you!e setup the

Currency Code, you need to go to 'ystem (arameter under

)dmin *odule to tic+ theealing in multi-currency. chec+ox$

In the &indo& that pops up, 'ey-in the Currency Code

Currency escription# .pon copletion, clic' /0 to save#


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1efore &e continue &ith Foreign Currency progra, you need

to go to the Syste 2araeter 3under the 4din progra5 totic' the 6ealing In Multi -currency7 chec'%ox# If you still

proceed to Foreign Currency progra &ithout ar'ing the

chec'%ox first, the syste &ill sho& you this essage:-

Clic' /0 on this essage#

Dealing In Multi-currencyDealing In Multi-currency

checkboxcheckbox


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.nder 8eneral

ta%, ar' the

6ealing in

ulti-

currency7chec'%ox and

identify your

1ase Currency,

e#g# Ringgit

Malaysia

3RM5#

4fter that, go %ac' to Setup - Currency setup -

Foreign Currency progra#

System Parameter-ForeignSystem Parameter-Foreign

Currency SettingCurrency Setting


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Foreign CurrencyForeign Currency


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Function: $o lin' your foreign currencies to their respective

Forex 8ain9 Loss accountsor.nrealied 8ain9 Loss accounts,&here%y you can post the aount to these accounts# .se the

Finder ;indo& to select the accounts#


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.nrealied Forex Loss98ain aount is calculated on-line %y the

syste# In soe reports, e#g# in 1alance Sheet 3Standard5report, there are chec'%oxes for .nrealied Forex Loss 8ain#

If you do not &ish to include this aount in your 1alance Sheet,

then you need to untic' the chec'%ox, and vice versa#

Unrealized Forex oss!"ainUnrealized Forex oss!"ain

CheckboxesCheckboxes


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Foreign #xchange $ateForeign #xchange $ate


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Function: $o enter and aintain

the exchange rate of foreign

currencies &hich you use in your

%usiness# Clic' the (e& icon tocreate a ne& rate for the currency#



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Select the Currency Code

fro the drop do&n list#

Effective Frois thestarting date to use the

exchange rate#

Enter the 1uying and

Selling ratesfor the

currency#

Foreign #xchange $ate #ntryForeign #xchange $ate #ntry


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If you have othercopanies in

1itra' and you

&ant the syste to

update thesecopanies" Forex

ta%le as &ell, then

tic' the 6.pdate

/ther Copanies"

Forex $a%le7chec'%ox#


#ntry#ntry


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Foreign #xchange $ate #ntryForeign #xchange $ate #ntry

Clic' the

/0 %utton

upon

copletion#

$ic' the

!Continuous

4dd"

chec'%ox ifyou &ant to

'eep on

adding up

the entry#


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%here to assign or select the%here to assign or select the

Currency&Currency&


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In '$ Sales In(oiceIn '$ Sales In(oice


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MessagesMessages

Select the !


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In CM - Cash PaymentIn CM - Cash Payment


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In CM - Cash PaymentIn CM - Cash Payment

$he !1ase 4t" &ill %e calculated %y the

syste and &ill %e sho&n here#

2. Multi Currency

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