Invoices - iIf you want to pay an invoice which is in a foreign currency, the invoice price is converted into the local currency using the exchange rate entered in AFO 242. Subsequent fluctuations in the exchange rate are not processed.

242.2 Currency codes and rates[//]

When you select this AFO an overview screen will be displayed:

Columns on the screen

Currency - the code of the currency is displayed in this field.

Wording - the description of the code is displayed in this field.

Exchange rate - the exchange rate for the currency is displayed here.

Entry date - date when the exchange rate was last updated.

ISO4217 no.: Lists the currency codes, which are based on the ISO country codes, as defined in ISO4217 (this International Standard specifies the structure for a three-letter alphabetic code and an equivalent three-digit numeric code for the representation of currencies and funds.).

The blue letter I in the left hand column denotes the base currency of the system.

Options on the screen

New code: use this option to add a new code. See section 242.2.1.

Change details : select a currency code and click on this option to view/modify the details. See section 242.2.1.

ISO4217 currency codes: this option gives a listing of all the ISO4217 currency codes. See section 242.3.

Change all exchange rates - select this option to amend all the currency exchange rates displayed on the screen. When you select this option consecutive input screens will be displayed for each of the codes shown on the overview screen.