Announcement

Collapse
No announcement yet.

[SOLVED] Currency Conversions

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • [SOLVED] Currency Conversions

    Is anyone aware of how OTM handles currency other than USD? For example, if I enter rates in CAD, does it automatically convert to USD based on the assigned exchange rate table?

  • #2
    Re: Currency Conversions

    Each cost field in the application is stored twice. Once in the locally entered currency (in this case CAD) and once in the base currency of the database (which is defined on table UOM and cannot be edited via the UI).

    The conversion between the two currencies is dictated by the exchange rates held in OTM and which are related to the rate offerings you define.

    If you are working in a multi currency environment, make sure you set the base currency on table UOM before you start loading cost related data e.g. rates.

    Comment

    Working...
    X
    😀
    🥰
    🤢
    😎
    😡
    👍
    👎