Step  Five:    Currency  Conversion


RentalTrax  allows  you  the  ability  to  work  in  multiple  currencies  based  on  the  Exchange  rate  that   you  set.    This  allows  you  to  confidently  work  in  alternative  currencies  and  still  trust  that  the  correct   amount  is  being  presented  to  your  clients  on  their  orders  and  invoices.

1) Currency  Directory   Title  page  to  list  all  of  your  currencies  currently  available  in  your  system

2) +  New  Currency  Button   Use  this  button  to  create  new  currencies  and  make  them  available  within  your  system

3) Name  Column

The  name  of  each  created  currency  will  be  on  display  here.    These  names  are  created  by  you   and  not  computer  generated

4) Associated  Exchange  Rate   The  exchange  rate  value  of  each  currency  will  be  on  display  here.    These  exchange  rates  are   created  by  you  and  not  computer  generated.    There  is  no  automatic  generation  for  this   feature.

5) Active  Column   Use  this  column  to  determine  whether  or  not  you  are  accepting  that  currency  at  the  time.    If   the  currency  is  active,  the  column  will  read  “1”,  if  it  is  inactive  it  will  appear  as  a  “0”.    When   a  currency  is  active  in  your  system  it  will  show  up  on  your  paperwork  as  long  as  you  have   created  the  field  during  Order  Layout  Setup  (to  follow).

1) New  Currency  Creation  Page

2) Name  Field   Creation  of  the  currency  is  completely  up  to  you.    You  may  distinguish  between  the   currencies  using  whatever  name  you  wish  for  your  business  model.

3) Exchange  Rate   Here  you  set  the  exchange  rate  for  the  currency.      Please  note  that  there  are  no  auto-­‐fill   features  for  this  setting  and  you  will  have  to  change  the  exchange  rate  every  time  the   currency’s  rate  changes.

4) Active   Toggle  between  “Yes”  and  “No”  to  determine  whether  a  currency  is  active  or  inactive.

5) Save   Use  this  button  to  save  your  new  currency  creation.