Currencies (form)

  • Article

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click General ledger > Setup > Currency > Currencies.

Use this form to create and view the currencies that are shared between legal entities. You can also set up the online numeric conversion tool and rounding rules for the accounting currency and other currencies. Many currencies are set up and are available by default, but you can create additional currencies.

When you set up General ledger, select the accounting currency in the Accounting currency field in the Ledger form. You can create exchange rates in the Currency exchange rates form.

Tip

To export exchange rates directly into the databases of subsidiaries or other legal entities that run on external databases, see Application integration.

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Currency converter

Set up how the online numeric conversion tool is used for the selected currency.

The tool automatically converts transaction lines.

Rounding rules

Enter rounding units and select the type of rounding that applies to sales orders, purchase orders, and prices for the selected currency.

Currency gender

Select the gender of the selected currency.

Button

Button

Description

External codes

Open the External codes form, in which you can set up, define, and maintain external codes for different fields that are used to send and receive documents electronically by using Application Integration Framework (AIF).

Fields

Field

Description

Currency

The unique identifier for the selected currency. This code can contain up to three characters.

Examples

  • USD – U.S. dollar

  • EUR – Euro

  • CAD – Canadian dollar

Name

The name of the selected currency.

This name, together with the currency code, is printed on checks and other documents.

Examples

  • U.S. dollar

  • Euro

  • Canadian dollar

Symbol

The symbol of the selected currency. Symbols are frequently used on reports.

Examples

  • € – Euro

  • $ – U.S. dollar

Currency code

The standard code of the currency as defined by the International Organization for Standardization (ISO).

Reference currency for triangulation

The currency that other currencies, which are defined as denomination currencies, are triangulated through.

Conversion

Select this check box to include the selected currency in the calculations of the online numeric conversion tool. The tool automatically converts amounts that are entered on transaction lines in the accounting currency to amounts in the selected currency.

Note

The converted amounts in the selected currency are not saved in the database.

Prefix

Enter the text that is printed in front of the amount in the selected currency if the Conversion check box is selected.

Suffix

Enter the text that is printed after the amount in the selected currency if the Conversion check box is selected.

General rounding rule

Enter the unit for rounding amounts. For example, you might enter 0.10 or 1.00.

Rounding rule

Enter the unit for rounding amounts on sales orders, purchase orders, or prices.

Rounding method

Select the rounding convention that applies to the number to the right of the round-off unit that is entered in the Rounding rule field.

  • Normal – Round up numbers 5 and higher and round down numbers that are less than 5.

  • Downward – Round down all numbers.

  • Rounding-up – Round up all numbers.

Gender

Select Feminine if the selected currency has a feminine gender and the gender is used on checks and reports.

The default value for this field is Masculine, which, in effect, means no gender.

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