Amend Currency

See previous W5 version guide

PURPOSE

This document explains how to amend currency in the system.

WHY IS THIS IMPORTANT?

It allows you to make amendment when changes to the existing set up is required.

PROCEDURE

1. From the home screen, go to Set Up > Global > Currency.

2. In the Currency screen, select the currency to amend by clicking the Edit button next to the currency short name. In this example, we will make an amendment to KRW.

3. The screen below appears.

4. In this example, we will amend the Accrual Method. To make the amendment, click on the arrow to view the drop down menu.

5. Select the preferred new Accrual Method. In this example, we click on Act/365 (Act) to select it as the method.

6. Click Save when done.

7. The Currency screen will be displayed. Amended currency appears with an “N” under App? Column and requires approval.

8. Approve the currency by selecting the checkbox and click on Action and Approve.

9. Once approved, “N” will disappear.

FREQUENTLY ASKED QUESTIONS

 

RELATED INFORMATION

Set Up Currency

CHANGE HISTORY