For information about enabling this feature and about automatic updates, see Currency Exchange Rate Integration. If the Currency Exchange Rate Integration feature is enabled, you can indicate on a currency record that its exchange rate with each base currency should be automatically updated each day. Setting Exchange Rates to Be Automatically Updated ![]() For more information, see Exchange Rate Field Limitations.įor comparison purposes, this page also displays the current ( Previous Effective Rate) exchange rate and the date that rate became effective.Įnter the date that this exchange rate becomes effective in the Effective Date field. You can enter a number with up to 15 digits to the left of the decimal or up to 8 digits to the right of the decimal. dollar, you would enter 1.357 in the Exchange Rate field. For example, if you want to set the value of a Euro to 1.357 U.S. The exchange rate is the number of base currency units that equal one foreign currency unit. In the Exchange Rate field, enter the updated exchange rate. For information, see Currency Exchange Rate Types. This field appears on the page only when the Currency Exchange Rate Types feature is enabled. ![]() If you have an Exchange Rate Type field, select the rate type. ![]() Select a foreign currency in the Currency field. ![]() In the Base Currency field, select the base currency for this exchange rate update. Go to Lists > Accounting > Currency Exchange Rates > New.
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