How do you edit the US to Cdn exchange rate on company profile in order to select it for a manual cheque batch (not using a multi currency system)?

Hello:
Well, my first thought on reading your question is "You can't change exchange rates" without Adagio multi-currency. But maybe that's because I don't understand what you are trying to do. Could you explain to us what you are trying to accomplish and what modules you are using?

I am in AP module. (We have multi-currency but do not currently use it.) In a manual cheque batch, I am trying to pay a US vendor and it requires a US exchange rate for [USD] to [DOS], but the exchange rates we currently have set up are not accurate, and would like to edit this.

Is there any way to paste a screen shot if this still does not make sense?

Thanks!

Hi MountWashTC,

If you see vendors with different currencies, and exchange rates in batch entry, then you are using Multicurrency. It is enabled for your company data (edit the Company Profile and the initial Profile screen to see the Multicurrency option enabled).

If Multicurrency wasn't in use, then you wouldn't have the opportunity to assign a different currency code to vendors, nor could enter exchange rates on transactions.

To change the default exchange rate that gets loaded when you enter a transaction for a vendor (or customer or ...) that has a different currency than the Home currency (as defined in the Company Profile, the same place as above), you need to open the Multicurrency program to enter the rates. From the Adagio menu, choose Multicurrency to open the program. Then edit the Exchange Rate record for your home currency DOS, the specified rate type and the source currency USD.

If this more than you are comfortable with, you should contact your Adagio consultant for assistance.