Add a Currency Code
Use the Currency Codes Maintenance (TCU) program to add or change, and copy codes that you can use as criteria for posting transactions to the general ledger and set up exchange rates. See Background and Road Map for more information.
The program displays existing currency codes:
Field Name |
Displays |
Currency |
The currency code |
Description |
The description of the currency |
Abbreviation |
The abbreviation for the currency |
Currency text |
The name of the currency |
Choose the appropriate options:
To |
Do This |
Add a currency code |
Click Add. |
Copy a currency code |
Click Copy. See Copy. |
Display a currency code |
Highlight the currency code and click Select or double click the line. |
Print the currency code listing |
Click Print. See Print. |
Exit the program |
Click Exit. |
Enter or change data in these fields:
Field Name |
Type / Max Length |
Action / Description |
Currency |
Required |
Enter a unique identifier (2 alphanumeric characters maximum) for the currency code you want to create. This field cannot be changed after a currency code is added. |
Description |
Required |
Enter the full description for the currency code. The system displays this description to the right of the code when the user selects a code in a Currency field. For example, Canadian Dollars. |
Abbreviation |
Required |
Enter a short description for the currency. |
Currency text |
Optional |
Enter the name of the currency. For example, Dollars. |
One unit text |
Optional |
Enter the basic unit of the currency. For example, Dollar. |
1/100 unit text |
Optional |
Enter the name of multiple 1/100s of the currency's basic unit. For example, Cents. |
Exactly 1/100 txt |
Optional |
Enter the name of 1/100 of the currency's basic unit. For example, Cent. |
Edit mask |
Optional |
Enter the format you want to use when the system displays this currency. You can include leading characters (for example, $), body characters (for example, # and 0), and trailing characters (for example, +). |
Choose the appropriate options:
To |
Do This |
Change a field |
Move the cursor to the field and make changes. Click Apply to save changes or click Cancel to abandon them. |
Delete a currency code |
Click Delete. See Delete. |
| Enter the exchange rates | Click Rates. |
Return to the list of currency codes |
Click OK. |
Exit the program |
Click Exit. |
The program displays the selected currency and its description at the top of the screen. Rate records are listed:
Note
The system creates a rate record for each currency that "converts" the selected currency to itself; the exchange date is the date the currency code was added and the exchange rate is 1.0000000.
Field Name |
Displays |
From currency |
The currency being convert from |
Description |
The description of the convert-from currency |
Exchange date |
The date the exchange record was created |
Exchange rate |
The label for postal code used in this country |
- Choose the appropriate options:
To |
Do This |
Add a rate record |
Click Add. |
Delete a rate record |
Click Delete. See Delete. |
Copy a rate record |
Click Copy. See Copy. |
Display a rate record |
Highlight the rate and click Select or double click the line. |
Print the rate listing |
Click Print. See Print. |
Return to the currency code |
Click OK. See step 3. |
Enter or change data in these fields:
Field Name |
Type / Max Length |
Action / Description |
To currency |
Display only | The currency code you selected |
From currency |
Required | Select the currency to convert from. |
Exchange date |
Required | Select the exchange date or enter a date shortcut. The exchange date must be within an open period. The record cannot be changed if the exchange date is in a closed period. |
Exchange rate |
Required | Enter the exchange rate (i.e., what the bank charges to convert the a unit of the "from" currency to a unit of this currency). |
Choose the appropriate options:
To |
Do This |
Change a field |
Move the cursor to the field and make changes. Click Apply to save you changes or click Cancel to abandon them. |
| Enter notes about the rate record | Click Notes. |
Return to the list of rate records |
Click OK. See step 4. |
Return to the currency code |
Click Exit. See step 3. |