Currencies

You set up currencies to facilitate recognizing transactions in multiple monetary units. The company that is associated with a source document, such as a sales order, determines the default transaction currency for the source document. You can change this default transaction currency to another currency. You associate a default transaction currency with a company on the Companies page. You create the currencies to associate with companies on the Currencies page.

Create a Currency

1. From the Currencies page, click New.
2. On the New Currency page that is displayed, complete the appropriate fields.

   To learn more about the Currency fields, see Currency Field Descriptions.

3. Click Save to save the currency, or click Save & New to create another currency.

What Comes Next

After you create currencies, you might create exchange rates for the currencies. To learn more, see Exchange Rates.

Currency Field Descriptions

The following table lists the fields that Kenandy provides. Your system administrator selects the fields that are displayed on your user interface.

Currency Page

Fields	Description
Auto number	An auto-generated ID that identifies the currency.
Currency	The description of the currency (for example, American dollars or Indian rupees).
Currency Name	The name of the currency. The currency name is frequently the same as the ISO code for the currency.
ISO Code	The ISO (International Organization for Standardization) code for the currency (for example, USD for American dollars or INR for Indian rupees).

See Also

• Companies

_________________________________

To search the KnowledgeBase and documentation, ask a question, or log a case, please visit the Kenandy Community. To access our online training, visit the Kenandy Learning Center.

Version: Spring 2017