Use this screen to maintain information about your functional currency and other numeric settings. Only one functional currency can be in effect at any given time.
Since the values you enter into Costpoint remain constant, we highly recommend not changing the functional currency after initialization. However, you can change the currency features (informal names, placement of currency symbol, etc.) of your selected functional currency without affecting the representation of your financial statements.
You can run any screen in Costpoint without adjusting the Windows settings to match the Currencies screen.
The Currencies screen consists of two blocks: Currency and Formats, which can be used as follows:
Use the fields in the Currency block to select a functional currency.
Use the fields in the Formats block to edit the settings of the currency type that you have selected.
Complete this screen during the initial Costpoint installation. When you change the settings for functional currency, Costpoint will format numeric information based on the new settings.
The settings will not take effect until the user performing the changes has logged out and then logged back into Costpoint.
Use the fields in this block to select a functional currency.
Use Lookup to choose a three-letter currency code set by the International Standards Organization.
Changes to this code automatically change the display of the currency default format fields in this screen.
This field displays a detailed description of the ISO code (e.g., USD is U.S. Dollar).
Although you can edit this field, you will probably want to accept the default supplied by the system for the selected currency ISO code or ensure that the formal name, singular formal name, and plural formal name are all derived from the same basic currency name.
Use the fields in this block to specify the numeric settings of your functional currency.
This field displays the name of one unit of the currency you selected (e.g., Dollar).
Although you can edit this field, you will probably want to accept the default supplied by the system for the selected currency ISO code or ensure that the formal name, singular formal name, and plural formal name are all derived from the same basic currency name.
In the event that your currency does not have a default supplied, enter a value in this required field.
This field displays the name of more than one unit of the chosen currency (e.g., Dollars).
Although you can edit this field, you will probably want to accept the default supplied by the system for the selected currency ISO code or ensure that the formal name, singular formal name, and plural formal name are all derived from the same basic currency name.
In the event that your currency does not have a default supplied, enter a value in this required field.
Symbol *
This symbol identifies the currency you selected (e.g., $).
In most currencies, the system will automatically populate this field with data corresponding to the currency code that you selected .
Some systems will not automatically generate a Japanese yen symbol (¥) or a British pound symbol (£). To obtain a yen symbol, hold down the Alt key while entering "157" on your keyboard's numeric keypad. To obtain a pound symbol, hold down the Alt key while entering "156" on your keyboard's numeric keypad.
Choose the placement of the currency symbol here.
Select the numeric sample that shows how you want the currency symbol to appear for a positive currency amount.
Be sure that your currency regional settings agree with the positive format you select here.
Choose the placement of the currency symbol for negative figures, the minus sign or brackets, here.
Select the desired numeric sample that shows how you want the currency symbol to display for a negative currency amount.
Be sure that your currency regional settings agree with the positive format you select here.
Use the drop-down box to select the number of digits that will display to the right of the whole currency units.
The value in this field identifies the number of digits that will display to the right of the whole currency units (e.g., US dollars should display "2," which represents the number of digits that appear to the right of the decimal point).
Numbers with at least two decimal digits will round to two decimal places.
Use the fields in this group box to determine the settings for dates that appear in numeric format. If you change any field in this group box, the system will reformat the sample date using the new settings.
Use these radio buttons to identify your choice of order for day, month, and year when entering dates in a numeric format.
A month, day, year format will produce a date that appears as MM/DD/YYYY. This radio button is the default.
A day, month, year format will produce a date that appears as DD/MM/YYYY.
A year, month, day format will produce a date that appears as YYYY/MM/DD.
Use the drop-down box to select your choice of symbol to use when separating numbers that appear in the date format. Options are "/ (slash)," "- (dash)," ". (period)," ", (comma)," ": (colon)," and "\ (backslash)."
The unnamed field to the right displays today's date.
Use the fields in this group box to edit the settings for the symbols used to separate currency units. If you change any field in this group box, the system will reformat the sample number using the new settings.
Use this symbol to separate thousands of currency units from hundreds of currency units.
Use this symbol to separate decimal currency units (1/10th) from whole units.
A numeric example of how the 1000 separator and decimal separator will display appears in the unnamed field to the right.
Use this group box to determine the settings for the time format as it will display in Costpoint. If you change any field in this group, the sample time field will be reformatted using the current system time.
Select either 12-hour or 24-hour format from these radio buttons. The 12-Hour radio button is the default setting.
When you use the 12-hour format, you must also designate an AM Symbol and a PM Symbol.
When using the 24-hour format, an AM or PM Symbol is not required (example: 1:00 PM in 24-hour format will display as 13:00).
The system will display a message to warn you that a change in settings from 12- to 24-hour will delete the current AM and PM symbols.
If you reset the screen from 24- to 12-hour, you will need to re-enter the AM and PM symbols in those fields.
Enter the AM indicator if you selected the 12-Hour format radio button.
Enter the PM indicator if you selected the 12-Hour format radio button.
Use the drop-down box to select your choice of symbol to use when separating hours from minutes and minutes from seconds in the time format. Options are "/ (slash)," "- (dash)," ". (period)," ", (comma)," ": (colon)," and "\ (backslash)."
The unnamed field to the right of this box is an example of how the selected time separator and AM or PM identifier will display.
* A red asterisk denotes a required field.
Changes to this screen update the S_CURRENCY (System Currency) table.