QNE Software Sdn. Bhd.

Scenario: 

User wants to set different rates for different periods, so that when issuing sales invoice, the currency rate will be updated accordingly based on the rate defined for the selected date. For example, let’s say the rate of USD is 5.25 from 1^st December 2023 to 31^st December 2023, and we want the Rate to be displayed automatically as 5.25 when the Doc Date falls within this period.

Solution:

1. Go to Maintenance > Currencies.

2. Double-click on the existing currency that you would like to modify.

3. Under Currency Rate By Periods, click on the New icon.

4. Select start date (Date From) and end date (Date To), then set the rates for Sales Rate and Purchase Rate. Finally, click Save.

Result:

Notice that when the Doc Date is 20^th December, the Rate becomes 5.25.

The system will update from the initial rate of 4.48 to 5.25 based on the rate we set for this period.