Head Office #200-620 Leon Ave., Kelowna, BC V1Y 9T2 P. 250.860.4225 F. 250.860.4215 BEST PRACTICE Setting up Currencies and Exchange Rates Select DATABASE CURRENCIES Select NEW or PROPERTIES “Canada’s largest franchised dollar store chain” www.dollarstore.ca 1 X:\YDSWM Inc\POS Departments\BEST PRACTICES\2012\YDSWM RMS Best Practice - Setting up Currency Types and Exchange Rates.docx Description: Enter a name by which the currency can be referenced. For example, "US CASH". Code: Enter an ID associated with the currency. Conversion rate: Enter the applicable conversion rate of the currency. Exchange rate: Enter the applicable exchange rate of the currency. This option is especially relevant if your store accepts foreign currencies. The specified exchange rate is used to convert the tendered amount in foreign currency to local currency. Locale: Use the drop-down list box to select the place that uses the currency as a standard. For example, if you created a currency for the Dollar, you could select English - United States. After setting up the CURRENCY you must use the Tender Types command to assign the currency to the applicable tender types. If no currency is defined, Store Operations will use the default currency, which is the currency defined in your Windows setting. Whenever you modify data on this window, Store Operations automatically displays a sample of how the currency will be displayed. Select DATABASE TENDER TYPES Select NEW or PROPERTIES Choice depends on whether this is adding a new Tender Type or modifying an existing Tender Type. Make sure you select the correct currency 2 X:\YDSWM Inc\POS Departments\BEST PRACTICES\2012\YDSWM RMS Best Practice - Setting up Currency Types and Rates.docx Exchange