Master Data - Currency

What is Currency?

Currency is where you define what currencies are used by your company. Currency is used in Placement profile to represent a staff's default pay currency. It is used in Payroll to represent the currency that payroll batch is paying, and also different calculations. All Payroll Reports are grouped by Currency.

What can be defined in Currency?

Currency Code: a short code to represent a Currency.

Currency Name: full name of the Currency 

Remarks: add your own comments.

What's Next?

• Complete your list of Currency
• Assign Currency to your staffs
• Create Payroll in different Currencies