Floating Exchange Rates

In the System Information window in the Set-Up module, you can enter a number of exchange rate tables in the Currency island to be used in connection with conversion of currency amounts in Maconomy.

The exchange rate tables are maintained in the Exchange Rate Tables window in the Set-Up module, where you can also specify dates for the validity of each exchange rate table. See the description of the Exchange Rate Tables window for more information on exchange rate tables.

When an amount is specified or derived in a currency in, for example, the Job Budgets window, Maconomy uses the exchange rate table valid at the time of registration, and converts the amount into the base currency of the company being responsible for the job in question.