Registering currencies

To register a currency, do either of the following:

  • Add a currency from the currency classifier.

    This option is recommended if you want to add a national currency used across the world.

  • Add a currency manually.

    This option is recommended if a currency is not included in the currency classifier. For instance, you might want to add a custom currency required for your company’s internal business needs.

Adding currency from currency classifier

The currency classifier contains a predefined list of national currencies used across the world.

To add a currency from the currency classifier:

  1. Go to Company > Enterprise > All catalogs > Classifiers > Currencies.
  2. Click Create and select From classifier.
  3. In the Select currencies from classifier window, select a currency. To select multiple currencies, click them while holding down Ctrl or Shift.

    Note. To quickly find a currency, click Find, specify the search parameters, and click Find. For instance, search by currency numeric code. The currency list will be updated to show the search results. To go back to the full currency list, click Cancel search.

  4. Click Select.
    The currency appears in the Currencies list. You can edit its details. For instance, change the exchange rate source. By default, it is set to Input manually. To learn more, see Adding currency manually.

Adding currency manually

To add a currency manually:

  1. Go to Company > Enterprise > All catalogs > Classifiers > Currencies.
  2. Click Create and select New currency.
  3. In the Currency (create) window, enter or select the following:
    Field Description
    Currency name A currency name or short description.

    It is shown in business documents and reports.
    Numeric code One of the following:
    • For a currency used across the world, it is a three-digit ID established by the International Organization for Standardization (ISO).
    • For a custom currency,  it is a numeric ID that meets your business needs.
    Alphabetic code One of the following:
    • For a currency used across the world, it is a three-letter ID established by ISO.
    • For a custom currency,  it is an alphabetic ID that meets your business needs.

    It is shown in business documents.
    Exchange rate source

    A method for specifying a currency exchange rate. One of the following:

    • Input manually. Indicates that you can specify the currency exchange rate only manually.
    • Import from the internet. Indicates that the currency exchange rate is specified and updated automatically according to a certain schedule. To learn more, see Importing exchange rates automatically.
    • Calculate based on another exchange rate. Indicates that the currency exchange rate is calculated by the following formula:

      Currency exchange rate = FX_2+ FX_2*P

      where:

      FX_2 - exchange rate of another currency.
      P - percent of this exchange rate.

    If you select this method, specify another currency. Then, in the Increased by field, enter the percent.

    • Calculate by formula. Indicates that the currency exchange rate is calculated by the specified formula. Select this method if the currency exchange rate depends on the exchange rates of several currencies. Then specify these currencies in the formula. For instance:

      Currency exchange rate = (0.5*USD+0.5*EUR)/2

      To learn more, see Data composition system expression language.
    Parameters for writing amounts in words

    A link to settings for writing currency amounts in words. These settings can be applied to the print forms of business documents.
  4. Click Save and close.
    The currency appears in the Currencies list.