Currencies

In This Topic

Menu Code: CUR
Accounting/Finance - General Ledger

Currencies represent the money used by different Countries. FOURA allows most transactions to be recorded using a foreign currency and it converts the amount to US Dollars using the current exchange rate. Each currency record includes all the information needed to properly format amounts in that currency, including the symbol, positive and negative format, decimal symbol and grouping symbol.

Many of the browse forms in FOURA include columns for both the foreign currency amount and the US Dollar amount. You can use the Column Chooser to view a list of available columns for each form, along with usage notes.

Tip: You can enter an amount in US Dollars at the top of the form in the Sample # field. This amount will then be displayed in each currency in the Sample column. This is a great way to test your currency setup and exchange rates!

Exchange Rates

Exchange rates are used when converting foreign currency amounts to US Dollars. To manually update an exchange rate enter the To USD multiplier. This value should be entered such that this formula is valid:

Foreign Amount X To USD = USD Amount

Note: FOURA supports automated daily exchange rate updates from Open Exchange Rates (https://openexchangerates.org/). Please contact Fourasoft for more information!

Columns

Index	Visible	Field Name	Caption	Usage / Description
0	Yes	Code	Code	Currency Code
1	Yes	Description	Description	Currency Description
2	Yes	ExchRateToUSD	To USD	Exchange Rate to USD
3	Yes	ExchRateFromUSD	From USD	Foreign Currency Exchange Rate from USD [Edit via Currencies in Accounting\Finance Support Menu]
4	Yes	CurrencySymbol	Cur Sym	Currency Symbol
5	Yes	PositiveFormat	Positive	Currency Positive Format Signage
6	Yes	NegativeFormat	Negative	Negative Currency Format Signage
7	Yes	DecimalSymbol	Dec Sym	Decimal Symbol
8	Yes	GroupSymbol	Grp Sym	Group Symbol
9	Yes	SampleFormatted	Sample	Sample (Using Controls Above)
10	Yes	LastRateUpdate	Last Rate Update	Last Rate Update
11	Yes	Active	Active	Active Checkbox (Green Check = True)
12	No	AddDate	AddDate	Add Date
13	No	AddWho	AddWho	Record Added by Who (FOURA User ID)
14	Yes	EditDate	EditDate	Edit Date
15	No	EditWho	EditWho	Who Edited the Record (FOURA User ID)

Security

The following default roles can use this form:

Role	Allowed Actions
rl_FinRead	View
rl_Accounting	View and Edit

Form Types

Support Form