Managing Currencies
Currencies are used in the framework of tests for completion of expense sheets.
Two currency types should be distinguished:
• central currency
Central currency is the currency adopted as reference currency.• local currency
A local currency is defined for each user. By default it is the same as central currency.Defining Central Currency
Central currency is the currency adopted as reference currency.To define central currency:
1. In the Administration application (administration.exe), login to the environment of interest to you.
2. Right-click the repository and select Options > Modify.
The repository options window opens.
3. Select the Installation > Currency folder.
The list of currencies available as standard appears on the right.
4. In the Monetary Symbol field, specify the symbol of your consolidation currency, for example "$".
5. In the Central Currency field, select your consolidation currency, for example "US Dollar".
6. Click OK.
7. Exit the Administration application.
Defining Local Currency
You can choose a local currency different from the central currency. To do this, you must connect to HOPEX Windows Front-End with your login.
A local currency is defined for each user. By default it is the same as central currency.To modify user local currency:
1. Start HOPEX Windows Front-End and connect with your login.
2. In the desktop, select Tools > Currency and select the currency that interests you.
3. Exit HOPEX, dispatching your private workspace.
When you reconnect to Web Front-End with your login, the currency proposed by default for your expense sheet expenses is the currency you have just defined.
Modifying User Local Currency
A local currency is defined for each user. By default it is the same as central currency.Local currencies proposed to users of the application are defined with the HOPEX Administration application.
To define the list of local currencies:
1. In the folder where HOPEX is installed, launch "Administration.exe" and connect with a user that has data administration authorization rights.
2. Select the environment then the repository on which you want to work.
3. Right-click the repository and select Options.
The repository options window opens.
4. Select the Installation > Currency folder.
The list of currencies available as standard appears on the right.
5. Then select all the currencies that will be used locally by your users.
6. Click OK.
7. Exit the Administration application.
Managing Exchange Rates
To enter an exchange rate:
1. In the HOPEX IRM desktop, select Administration > Tools > Exchange Rate.
2. Click New.
3. In the window that appears, enter:
• the Currency Code To.
• the Rate of the source currency related to the final currency.
• the Rate Date Begin.
Several exchange rate periods can be entered for the same currency. When entering expenses, the most recent exchange rate is taken into account.You must enter the exchange rate in both directions, for example:• EUR->USD
• USD->EUR
To view an exchange rate:
1. In the drop-down lists above the table, select the source and final currencies.
2. Click Refresh.
The exchange rates for the selected currency appear.
To reverse the exchange rate, click button 