Currencies in MISys Manufacturing Software

If you have enabled the Multi-currency features of MISys Manufacturing, the Currency Services function stores the foreign currencies you wish to associate with your Suppliers and the default exchange rate between those currencies and your home currency.

Navigating to the Currency Services -> Currency Codes via Accounting, a grid will display of various currencies.

 
 

Opening up one of the currency codes will allow for users to update the default rate between that currency and your company home currency

 
 

Depending on how many decimal places your company has designated for units/extended costs in Company Options, users can ensure that any costs that have an exchange rate applied can follow that same number of decimal places by updating it in the currency code record as well. 

Remember - MISys does not sync for currency exchange rates – these need to be updated at regular intervals. 

If you have any questions – please reach out!

Regards

Dean

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Manufacturing Improvement – Value: What Customers Pay For

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Qualified Suppliers – Master Files