Exchange Rate (EXCHRT)
Exchange Rate (EXCHRT) stores daily exchange rates for supported currencies and is always checked first during expense processing. If no matching rate is found, the system attempts to call the external API (only if an API is configured) and records the new rate for future use.
Field InformationField Information
While most fields are self-evident, the following require further clarification.
|
Field Name |
Field Description |
|---|---|
|
Currency |
This field refers to the International Currency and shows the currency for which the exchange rate applies. |
|
Date |
The date for which the exchange rate is valid. Typically, this corresponds to the expense’s date of service. |
|
Exchange Rate |
This rate is used to convert 1 unit of the foreign currency into 1 US dollar. |
|
Manual Update |
This indication is maintained by the system to denote whether an exchange rate was manually added or retrieved from the API. |