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If you are adding a currency manually, enter the required data.

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The Currency (create) form. The Main Parameters tab

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Also, specify the currency symbol in the Symbol field.

In the Decimal Places for Amounts field, you can specify the number of decimal places of the currency; all the amounts will be calculated with this number of decimal places.

Use the Decimal Places for Prices field to specify the number of decimal places that your organization will use when setting up prices in this currency.

Select the Automatically Import Exchange Rates from UAE CB option if you want to import the exchange rates for this currency from the Central Bank.

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Click the Currency Rates link to view the historic and current exchange rates for the currency. Exchange rates are specified with respect to the currency selected as the national currency in your system. For details on the role of the national currency in this software, refer to Settings: Money form.


The Currency Exchange Rates list

For a newly added currency, the list of exchange rates contains a single line with the default rate that is equal to 1.0 and is in effect from 1/1/1980.

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