Currency Conversion

Retail supports the Conversion of Foreign Currencies when tendering orders on the Front End system. The functions required to support this include:

Setup of currencies and their conversion value (in the local currency)
Setup of tenders assigned to the currencies
Conversion of tendered amounts on the Front End

Although Retail supports tendering in foreign currencies, all of the data within the system is tracked in the local currency. This is done in order to ensure the integrity of the data in the system as it is processed and summarized.

The Currency Conversion task is used to convert the local currency to a foreign currency and vice versa.

To convert currencies:

Press the Currency Conversion task from the toolbar. This function is available in selected screens throughout Retail.
To convert to the foreign currency press the Foreign button. The top of the form will display ‘To Foreign’. (The button works like a toggle, click once for foreign and then again for local). Fill in desired amount to convert in the Local Amount field and select the foreign currency from the Currency desired drop down. The converted amount displays in the Foreign Amount field. Or;
To convert to the local currency press the Local button. The top of the form will display ‘To Local’. Fill in the desired amount to convert in the Foreign Amount field and select the foreign currency from the Currency desired drop down. The converted amount displays in the Local Amount field.
Press the Close button when you have finished viewing currency conversions.

Note: The Currency Value Currency_Conversion_Valuedisplays the current local currency value as entered in the Currency Maintenance task.