Currency Rate Setup

Owned by DATABASICS, Inc.
Last updated: May 22, 2024 by Ernesia Toney
1 min read

Currency Rates are loaded from OANDA in DATABASICS Time and Expense. Only use these instructions if you have a different rate.

To enter Exchange Rates:

  1. On the left side of the screen, click the arrow to expand the Organization menu.
  2. Click Currency 
  3. Click the Add button  in the toolbar.
    1. Source Currency* - Select a currency
    2. Currency To* - Select a currency
    3. Effective Date* - Use the calendar to select the effective date.
    4. Rate* -Enter the currency rate.
  4. Click the Save button to save the record.

  5. Repeat the above process to add additional currencies and rates.

    * Indicates a required field


Example: One US Dollar equals 0.62201 British Pounds. In step 3 above, select British Pounds. Select US Dollars in the To Currency field, and enter 0.62201 in the Rate fie

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