Receive Currency Rate

Description of Process

The Receive Currency Rate process is used to synchronize currency information into IFS Applications.

The currencies are managed and owned in 3rd party system and needs to be updated into IFS Applications. IFS Applications receives currency information from the other system and processes it automatically by either registering a new currency rate. If needed then the currency is also activated.

If an error occurs in the process then these can be viewed in the Financial Connector error tables.