The Exchange Rate Group can be created to represent the various sources for exchange rates, for example: One group may represent the rates from a financial service institution, another may represent the negotiated adjusted rates with a Carrier or Customer. Each group will be independent of each other with its own date ranges and rates for any defined currency. A currency will not be available for an Exchange Rate Group if no exchange rate for this currency is defined under the group.
Customers that do not need multiple sources of exchange rates can simply use the Default (*DFT) group. For customers that have a need for multiple sources of exchange rates, multiple Exchange Rate Groups can be set up. Users are allowed to specify any Exchange Rate Group as the default.
Note: At any given time, only one default group can exist.
The default group will typically be the most commonly used one, for use when a Tariff does not specify an Exchange Rate Group, and for use when Tariff specific information is not applicable or not available yet, for example, during Rating when costs from all applicable Tariffs are compared; converting an Order Value of a Shipment from Customer Currency to Base Currency before rating.
By default, the list of Exchange Rate Groups is sorted in ascending order by Exchange Rate Group ID.
For information on icons and functionalities available on the list pages, see Web Interface lists.
Operations