Follow the steps below to create currency and set up exchange rate.

Pease note **NAV’s logic, any entries / setup for local currency, just leave blank, no need input HKD.

Step-by-step guide

To Create Currency

  1. Go to Currencies List
  2. Select New on Action Bar
  3. Fill up the basic information as below.
  • Code
  • Description
  • Chinese Description (to be print on sales document when Chinese Version is selected)
  • Unrealized Gain Acc. / Realized Gain Acc.
  • Unrealized Losses Acc. / Realized Losses Acc.

To setup Exchange Rate

  1. Go to Currencies List then select the currency you want to set the exchange rate.
  2. Select Process, Exchange Rate on action bar.
  3. System prompted the Currency Exchange Rate page
  4. Click New action button for add new exchange rate for the currency.

Example:

Currency Exchange Rate Example: 1.25 HKD = 1 CNY