Foreign Trader - Update exchange rates

Update a currency record

1. Select Settings then choose Currencies then select the required currency.
2. In the Exchange rate box, enter the current exchange rate then press Close.

Update when posting a transaction

1. When posting a customer, supplier or bank transaction, select the relevant account.
2. In Exchange Rate enter the new rate, then press the Tab key.
3. Depending on your exchange rate settings, you may be prompted to also update your currency list with the new rate. Choose Yes or No as required. If you choose No, the new rate applies to this transaction only.

Exchange rate settings

When you first set up Foreign Trader, you can choose how you want your currency records to update when you enter an exchange rate for a transaction. You can change this preference at any time.

1. On the menu bar select Settings, then choose Invoice & Order Defaults.
2. In the Currency Exchange Rates dropdown choose from the following:
• Always prompt to save exchange rate changes - When you enter an exchange rate, this option prompts you to save the exchange rate to the currency record.
• Automatically save any exchange rate changes to currency record - When you enter an exchange rate, this option automatically saves the exchange rate to the currency record, without warning
• Never save any exchange rate changes - when you enter an exchange rate, this option doesn't save the exchange rate to the currency record. To set your exchange rates manually, select Settings then press Currencies