Define Currency Rate for Savings Fund

Purpose: The currency Rate screen provide currency conversion for Savings Fund based on the rate we set for every month.

Step 1

Navigate to Settings (1) > Payroll (2) > Currency Rate (3) as in the below image.

Step 2

Once you clicked Currency Rate, you will be redirected to the below page where you can see three sections,

Currency Selection ( A ) = Select the type of currency as listed

Year Selection ( B ) = Click on the < , > arrow to navigate through the years

Yearly & Monthly Rate ( C ) = Fill up rate according to fiscal year rate and month for the selected currency

Once you are done setting up the Currency Rate, head over to set Savings Fund as per the link below :

• What is Savings Fund?: Knowledge Base (freshdesk.com)