Daily Exchange Rate Types
Novohit is multi-currency. In this application the daily exchange rates that are applied in the different areas of the hotel are entered. The currencies are configured according to the customer's operations.
Go to Front Office → Reception Cashier → Daily Exchange Rate Types
Go to Front Office → Reception Cashier → Daily Exchange Rate Types
For transactions in foreign currency, Novohit will take the exchange rate registered at the time of the transaction. For example, if at 9:05 a transaction is made in USD, Novohit will take the exchange rate in effect at that time. If a new exchange value is registered at 11:08 and at 12:37 a transaction is made, Novohit will take the current exchange rate, which is the one at 11:08.
The exchange rate applied to foreign currency fees to convert them to local currency and the exchange rate applied to the transaction of the administration module when the portfolio is in foreign currency.
Application | Module |
| Exchange Rate | Front |
Foreign Currency in Portfolio | Administration:
|
| Currency Exchange |
|
The Daily Exchange Rate window will be displayed, where you must specify:
Application: Select the application that will be affected by the exchange rate to be modified.
Currency: Indicate the currency for which the exchange rate will be defined.
Click on the Search button.
Currency: Indicate the currency for which the exchange rate will be defined.
Click on the Search button.
Add or Edit Exchange Rates window, in this window you will be able to:
Add the amount of the exchange rates for the current day or future dates, for this you must enter the corresponding information in the following fields:
Edit or Delete exchange rate amounts for the current day or future dates by performing the following steps:
In the Exchange Rates/Foreign Currency in Portfolio/Currency Exchange window, click on the Edit icon of the date you wish to edit or delete.
Enter the information in the appropriate fields.
Click the Save button to ensure that the modification is saved or click the Delete button to remove the type of change.
The past dates can only be consulted; however, the current date and a future date can be selected for modification. It is suggested not to modify the Exchange Rate during the day, to avoid discrepancy in the amounts of the reports and the accounting entry.
During the night audit process the current day exchange rates will be automatically extended for the following day, in case there is no previously defined exchange rate for that day.Related Articles
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