Currencies
The table is affected by the Fast Start procedure.
If you intend to configure manually, please refer to the checklist of the linked page.
Upper Section
The table, common to all companies in the database, allows for defining the list of currencies to be used in various documents/registrations.
Currency / Description: Code / Description of the coded currency.
Decimals: should be filled in with the number of decimal places specified for the currency.
CEE: the flag defines the currencies that are part of the fixed exchange rate system for the Euro.
EURO: the flag identifies the Euro.
Download exchange: enables the automatic download of exchange rates for the corresponding currency.
Lower Section
The fields in the grid allow for setting up the sub-accounts for exchange rate gains and losses, specific to each company, to be used in the automatic valuation of accounting exchange differences.
Account / Subaccount / Gain Description: will be used to account for exchange rate gains.
Account / Subaccount / Loss Description: will be used to account for exchange rate losses.
Account / Subaccount / Funds Description: will be used to account for the provision to the exchange rate risk fund.