System Variable 969: Maximum Allowed Deviation From Normal Exchange Rate, in Percent

Use this System Variable to define, in percent, the maximum allowed deviation from the prevailing exchange rate between the currency used in expense entries and the currency used by the company.

Example:
  • Expense entry = Philippine pesos (PHP)
  • Company currency = US dollar (USD)
  • Exchange rate = 50 PHP per 1 USD
  • System Variable 969 = 10%

This means that the exchange rate applied to the expense entry varies from 45 PHP per 1 USD to 55 PHP per 1 USD.

The default value for this System Variable is 10.

It may be necessary to perform a refresh when modifying System Variable values.