Add a currency rate

You use the Currency rates (CM301000) window to add a currency rate in Visma Net.

Before you proceed

Before adding a currency rate, make sure of the following:

• The required currencies have been configured in the Currencies (CM202000) window.
• An appropriate rate type to be assigned to the currency rate has been created in the Currency rates (CM301000) window.

1. Go to the Currency rates (CM301000) window.
2. In the top part, in the To currency field, select the currency (by its ID) with respect to which the currency rate will be added.
3. In the Effective date field, specify the date when the exchange rate becomes effective.
4. On the Currency rate entry tab, on the table toolbar, click .
5. In the From currency field, select the currency (by its ID) whose exchange rate will be shown with respect to the To currency.
6. In the Currency rate type field, select the rate type to which the currency rate being created will be assigned.
7. In the Currency effective date field, specify the date when this currency rate becomes effective.
   By default, the current business date is specified.
8. In the Currency rate field, specify the rate value.
9. Define whether the entered rate should be multiplied or divided in the field Mult/Div.
   The rate reciprocal will now be automatically calculated and shown in the respective field.
10. Click .

The currency rate is now added to the system and it is ready to use.