Euro Exchange Rate Table Single Dialogs Workspace

Use this workspace to list the currencies in the EMU (Economic and Monetary Union of the European Union) and their exchange rates in relation to the Euro.

When Maconomy calculates the exchange rates for the currencies that are listed in this workspace, it uses the EU Commission rules that govern exchanges from one EMU currency to another, and exchanges between EMU currencies and non-EMU currencies.

In addition, order-related printouts that have currencies that appear in this table also display the amount in Euros.

You can define the exchange rates between the Euro and other currencies in the Exchange Rate Tables workspace by creating an exchange rate table with the Euro as the reference currency.

You can add an exchange rate by entering a line in the Euro Exchange Rates sub-tab. A currency that exists in the Euro exchange rate table cannot exist in an ordinary exchange rate table after its starting date in the Euro exchange rate table. If a given currency exists in an exchange rate table and you add it to the Euro exchange rate table, Maconomy deletes those periods in the exchange rate table that have a starting date later than the one that you defined in the Euro exchange rate table.

If the enterprise currency is part of the Euro exchange rate table, you can only use exchange rate tables in which the reference currency is the Euro in the System Information workspace. This ensures a correct triangulation when converting currencies within and outside the EMU Cooperation.