The following describes how to enter an exchange rate for a currency where the rate towards the base currency is irrevocably fixed. The following type of currencies must have a fixed exchange rate defined in the Exchange rate table:
- The System currency. Note: If the system currency is the same as the base currency, then the exchange rate for the system currency should be entered as 1.0000000.
- The Reporting currency
- All currencies with the EMU currency field set to YES in Work with currencies.
- Select the Work with exchange rates menu item.
- On the initial panel, click Add to add an exchange rate.
- Complete the following fields:
- Currency
- Enter the currency from Work with currencies for which you want to enter an exchange rate.
- Time level
- Enter an asterisk (*).
- Medium
- Enter the fixed exchange rate.
Click OK. Exit the routine.