Active Currency

Use the Active Currency function to select and edit the active currencies for the current company. The active currencies are the currencies your company uses to conduct business.

Selecting a Currency

1. Click the New button, on the toolbar, to open a blank active currency record.
2. Select a currency from the Currency ID field.
3. Enter the acceptable variance value in the Settlement Variance field.
   Note: The value entered specifies the acceptable variance between a pair of invoice and payment transactions.
4. Select the gains and losses accounts for the currency from the Realized Gains Account, Realized Losses Account, Unrealized Gains Account, and Unrealized Losses Account fields.
5. Click the Save button, on the toolbar, to save the new currency record.

Editing a Currency

1. Select an active currency record to edit.
2. Edit the fields as necessary.
3. Click the Save button, on the toolbar, to save the new currency record.

Removing a Currency

1. Select an active currency record to delete.
2. Click the Delete button, on the toolbar, to delete the selected currency record.
3. Click Yes at the "Are you sure you want to delete selected record(s)?" prompt.