Description

This new feature allows WMS to support Multi-Currency independent of an accounting system. 

If WMS is set as currency source under Prefs.xml WMS as Multi-Currency source then bellow information applies.

Detail Steps

To activate WMS as a Foreign Currency source:

Datapel Representative to action:

  1. Add new tag <WMSAsCURSource>True<WMSAsCURSource> in Prefs.xml file and set to True.

WMS User with superuser access to action:

  1. Open WMS

  2. Go to Tools > Preferences

  3. Replication Tab

  4. From the drop-down list, select "WMS Foreign Currency" and Record Preferences.

 

Exchange Rates management:

To adjust standard rates:

  1. Open WMS

  2. Go to Tools > Manage Lists > Exchange rates

 

Manage Currencies screen will open with a list of default currencies

Select your currency to change the rate and manually update the rate at the top

3. Select "Update Exchange Rate."

4. Confirm to update new rates


FX rates should be updated manually daily.

Suggested website to verify FX rates: https://www.xe.com/currencyconverter/

Select From AUS and To your preferred currency


To update currency rates in Bulk via Import/export file:

  1. Open WMS

  2. Go to Tools > Manage Lists > Exchange rates

  3. Select Export and Save WMS-CURRENCY.csv the file 

    CURRENCYNAMECODERATEAustralian DollarsAUD1Canadian DollarsCAD0.645966European Union EurosEUR1.5024Great Britain PoundsGBP1.630523Hong Kong DollarsHKD0.129093Japanese YenJPY0.01056New Zealand DollarsNZD0.944398South African RandZAR0.155Swiss FrancCHF1.38United States DollarsUSD1.27388

  4. Update rates and Save WMS-CURRENCY.csv the file

  5. Go back to Tools > Manage Lists > Exchange rates

  6. Select Import > select WMS-CURRENCY.csv and Confirm

Related Information

Xero Integration