FnB Live: Currency Exchange Rate Changes – Fourth & HotSchedules Customer Success Portal

What’s Changing?
When changes to Exchange Rate values are made, they will now be applied overnight rather than with immediate effect.

Proposed Release Date: 4th June 2019

Reason for the Change
Applying changes to Exchange Rates during busy periods (such as Monday Stock Period approvals) can cause performance issues with the system.

Customers Affected
All FnB Live customers.

Release Notes

Changing an Exchange Rate

Below are instructions for updating/adding an Exchange Rate. The key thing to take note of here is that changes to Exchange Rates will now take effect at 00:01 on the selected date.

Fig.1 – System Administration > General Admin > Currency

A list of existing configured exchange rates will display.

To update an Exchange Rate, select the relevant currency

Fig.2 – Selecting a currency

Select the Exchange Rates tab and then Add New Exchange Rate

Fig.3 – Exchange Rates tab

On the next screen, use the Scheduled Date Change field to select the date that the change will be applied from
Use the Exchange Rate field to specify what the new value will be
The Description field can be used to record exactly what was changed
When ready, select Next and then OK to confirm

Fig.4 – Adding a new Exchange Rate

The Exchange Rate change will then be scheduled for the chosen date. However, it will need to be approved for the change to take effect.

Back in the Currency Details screen, go to the General tab and select Display Scheduled Changes

Fig.5 – Display Scheduled Changes

Details of the scheduled Exchange Rate change will display.

Select either Approve, Mark On Hold, or Delete Selected Changes

Fig.6 – Approve, Mark on Hold, or Delete Selected Changes

The Exchange Rate change will take effect at 00:01 on the date selected.

Any items that are linked to this currency will then be updated.