Reporting Currencies

IPPEX Cloud supports up to eight reporting currencies across the client tenancy. Each reporting currency can be enabled for a payroll (See payroll user guidance) , when enabled the FX rate from the payroll currency to the reporting currency can be added to each pay period. The first task is to decide which reporting currencies are required for a client tenancy. The same currency can be used twice, for example setting a corporate reporting rate and a bank or funding transaction rate. 

1. Enter name of currency.
2. Select currency.
3. Set the number of decimal places to appear in the reports for the currency