Updating Exchange Rates

Exchange rates can change frequently. You should update the exchange rates of your foreign currencies periodically to keep your on-order and spent amounts accurate.

To update exchange rates

1 Start the Currency Table Edit process.

The default location of this process is the Acquisitions\Acquisitions Setup folder on the navigation bar.

Horizon opens the Table Editor and displays the List Currency window.

2 Highlight the currency you want to update and click Edit.
3 Enter the currency’s new exchange rate in the Exchange Rate field.

Important: Be sure to enter the rate of exchange used to convert amounts in the foreign currency to your currency, not the other way around.

4 Save your changes.

 


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