Currency rate not found
07/05/2016
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02:28
Currency rate not found
Created: 07/05/2016
00:00:02
Warning message : Currency rate for this month is not found.
00:00:38
It is likely that you have not set the foreign currency exchange rate of USD against SGD for the month of July
00:00:54
Click on Accounts Setup, select Currency rate setting icon
00:01:02
Click on USD tab , followed by [Add] button
00:01:07
Enter the foreign currency, in this case, USD...against SGD, the base currency (functional currency)
00:01:13
Enter the exchange rate for the month of July. Click [Save]
00:01:34
Return back to the sales journal and enter the sales entry again
00:01:44
System do not have the warning message any more. The exchange rate appear automatically in the [Rate] field as 1.4400
00:02:08
It is advisable to preset all currency exchange rate for the new month before you start your daily entry.