Exchange rates

Exchange rates

The exchange rate list allows you to enter different exchange rates for different dates. These rates are automatically suggested when creating journal entries or documents containing this currency. To create or modify an exchange rate :

Enter an exchange rate manually from the currency

To enter an exchange rate manually:
  1. Access the list of currencies: Menu Configuration , Basic data and settings, Currencies .
  2. On the Currencies page, double-click on an existing currency to open it.
  3. In the Exchange Rates tab, click the New button located in the lower left part of the page or double-click on an existing Exchange Rate .
  4. Fill in the fields for the Exchange Rate :



    1. Rate (%) : Enter the exchange rate.
    2. From : Date of validity of the new course.
  5. Click the OK button to validate the new exchange rate.

Automatically update exchange rates

To automatically update the exchange rates of a currency:
  1. Access the list of currencies: Menu Configuration , Basic data and settings, Currencies .
  2. On the Currencies page, double-click on an existing currency to open it.
  3. Click on the Course Update tab.
  4. Select the "Update rate" option and fill in the fields:



    1. Frequency : Define the rate update frequency: Daily , Once per hour , Weekly , Monthly, etc.
    2. Price update method : Choose the price update method.
      1. Web service : Updates exchange rates from the Internet.
      2. File : Updating course information from an Excel file.
    3. Update service : Select the source from which the prices will be updated.
      1. Admin.ch : Via the web portal of the Federal Tax Administration (FTA).
      2. Europa.eu : Via the official web portal of the European Union (EU).

  5. Click the Refresh button located to the right of the Refresh Service drop-down list. You can view the imported rates in the Exchange Rates tab: