To change the exchange rate in a sales or purchase transaction, edit the transaction and click on the foreign currency icon and change the exchange rate. (The transaction must be in the current fiscal year.)
Change the exchange rate in a transaction window
Calculate the exchange rate first using the Currency Calculator. See Using the Currency Calculator below
Open a foreign currency transaction window. You can record foreign currency transactions for:
Sales, invoice payments, and settle returns & credits
Purchases, bill payments, and settle returns & debits
Banking transactions and general journal entries
Click Rate at the bottom of the transaction window
Type the new exchange rate in the Transaction Exchange Rate field. This will only affect the transaction that is currently displayed
If you want to change the exchange rate for all future transactions that use this currency, select the Update Current Exchange Rate in the Currency List with Transaction Exchange Rate option
Click OK
Change the default exchange rate
Calculate the exchange rate first using the Currency Calculator. See Using the Currency Calculator below
From any command center, go to the Lists menu and select Currencies. The Currencies List window appears
Select the currency entry you want to modify and click Edit. (Alternatively, click the zoom arrow next to the currency name.) The Currency Information window (Currency Profile view) appears
Modify the fields as required and click OK
Click Close to exit the Currencies List window
Currency Calculator
To access the Currency Calculator from any window in your software: go to the Help menu at the top of the screen and choose Currency Calculator.