This topic is contained in the PDXpert help file: select Contents from the application's Help menu.
Currencies
Purpose
Defines currencies for purchase and dispositioning costs.
The currency exchange rate can be updated using the window.
Costing reports convert all item costs to, and display their results in, the default currency.
Where used
Countries, parts
Data fields
- Name
- This is the name of the currency.
- Currency code
- The system uses the ISO standard 3-character currency code. With the significant exception of the Euro (EUR), this code typically consists of a 2-character country code prefix, followed by a one-character currency letter: for example, Japan:Yen=JPY, Switzerland:Franc=CHF, Canada:Dollar=CAD.
- Exchange rate
- This numeric value defines how many units of a currency another currency will buy. The currency exchange rate is referenced to the default currency, which is specified by the Default collection member checkbox.
- This value represents the number of current units required to purchase a single default currency unit. That is, there are [this currency's exchange rate] units per [default currency] unit. The default member's exchange rate is, by definition, equal to 1.
- Example: It costs 125 Japanese Yen (JPY) to purchase one United States Dollar (USD). If the default currency member is USD (exchange rate = 1), then the exchange rate for JPY would equal 125. Conversely, if the JPY member is the default currency (exchange rate = 1), then the exchange rate for USD would equal 0.008.
- Exchange date
- This specifies the date that the last exchange rate was verified.
- Active: users can select
- Default member of collection
- Permanent member of collection
- For a description of these checkboxes, see the Collections reference > Common properties & attributes help topic.
Setup suggestions
Although the collection members will change infrequently, if you do much business using other currencies you may wish to schedule regular updates to the exchange rate information.
2015
Help topics describe the most current PDXpert PLM software release, and may differ from earlier releases.
