Master Records > Currency Code > Set Up Currency Exchange Rate > Update or Delete Currency Exchange Rate

In AccountMate Enterprise, you may edit or delete an existing currency exchange rate record. The changes you make will only affect the transactions that you post after you made the changes.

To update the currency exchange rates, perform the following steps:

1.Access the Currency Exchange Maintenance function from the Currency group under the Maintenance main menu. The Search screen is automatically displayed when this function is accessed showing currency code records regardless of status.

1.Enter in the Search field, the currency code that you want to update. Alternatively, you may also scroll up or down the Search grid to locate the currency code record; then, double-click the code to select. As soon as a currency code is selected, the details are displayed on their respective fields.

Alternatively, you may use the full text search feature when searching for currency code records. Simply click the Show Full Text Search button in the right-most section of the screen to display the Full Text Search field. Enter in this field the value of the record you want to search for using the values in the columns displayed on the Search screen.

2.In the Currency Exchange Setup screen, click the List box button beside the Target Currency field; then, select the target currency for which you want to update the currency exchange rate.

3.To add a new currency exchange rate entry on the Daily Rates grid:

4.1. Click the Append row to end button to activate a line in the grid.

4.2. In the Effective Date field, accept or amend the default effective date of the exchange rate entry you are setting up. The default value in this field is based on the current system date.

Note: You cannot edit the values in the Effective Date field once the currency exchange record is saved.

4.3. Double-click on your mouse in the Exchange Rate field; then, enter the appropriate value.

Note: The record will NOT be saved if there are two or more entries with the same effective date. There must only be ONE exchange rate entry per effective date.

4.To amend the exchange rate of a previously saved exchange rate entry in the grid, double-click on your mouse in the Exchange Rate field; then, enter the new exchange rate.

5.To delete from the grid the exchange rate set up for the selected currency code, highlight the record; then, click the Delete button in the grid toolbar. In the dialog box that appears, click Yes to confirm deletion; otherwise, click No.

6.Click the Save button to save your entries; otherwise, click Cancel to abort operation.

To delete the currency exchange rates, perform the following steps:

1.Access the Currency Exchange Maintenance function from the Currency group under the Maintenance main menu. The Search screen is automatically displayed when this function is accessed.

2.Enter in the Search field, the currency code that you want to update. Alternatively, you may also scroll up or down the grid to locate the currency code record; then, double-click the code to select. As soon as a currency code is selected, the details are displayed on their respective fields.

3.When you are ready to proceed, click the Delete button to delete the currency exchange rate record. A message window is displayed for confirmation to delete the currency exchange rate record. Click Yes to confirm deletion; otherwise, click No.

Update or Delete Currency Exchange Rate

Update or Delete Currency Exchange Rate

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