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Creating a Currency Exchange Rate

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Currency exchange defines the rate in effect as of a certain date and time.

If the rates do not change for a period of time, Theatre Manager will use the last rate that is in effect. You can also change rates many times daily, if that is required in wildly fluctuating markets. We suggest using a rate with a little premium to cover the effort and hedge against risk.

Oanda gives reasonable exchange (as well as history) that we've used for years ourselves. However, please confirm with your bank before entering a new rate. Once a patron uses the rate on a transaction, you cannot change it after the fact.

  1. Open the Currency Exchange window.

    Click here to learn how to access the Fee Types List.

  2. Click the New button.

    The Currency Detail window will appear.

  3. Enter the Effective Date.

    The calendar button to locate a date.

  4. Select the Convert From country using the drop down.
  5. Select the Convert To country using the drop down.
  6. Enter the Exchange Rate.
  7. Click the Save button.

    The new Currency Exchange is now saved.