Currencies

Use the Currencies screen in the General Setup menu to set up currency codes for your system. You use currencies to identify the country in which an expense is incurred.

When do I use the Currencies screen?

Use this screen to add, edit, and delete currency codes.

You cannot delete a currency code if it is being used in any of the following:

• An employee record

• A batch expense record

• A cash advance

• As a default in the General Configuration screen

• On an expense report        

• On an expense authorization

Code

Enter a three-character, uppercase, alphanumeric currency code. Each code must be unique.

The code entered must be a valid Java currency code and must not already exist in the system.

Description

Enter up to 60 characters for a currency description. If you do not enter a unique description, the system will display the following error: "Currency Description already exists."

ISO Number Code

This non-editable field displays the three-digit ISO number that corresponds to the currency Code.

Use

Select this checkbox to make this currency available for use. Only currencies selected for use will display in Currency drop-down boxes through the system. This checkbox is selected by default.