<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tc/onlinemanual/000334" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Currency systems and currency rates</Title>
	</Header>
	<GeneralSection><Paragraph>In a <Link href="/baanerp/tc/glossary/glossary#000023" role="glossary">single currency</Link> system, SSA ERP converts amounts from the transaction currency into the reference currency. You must define the currency rates between the external currencies and the reference currency.</Paragraph>
		<List><ListIntro>In a <Link href="/baanerp/tc/glossary/glossary#000024" role="glossary">dependent currency</Link> system, SSA ERP converts amounts from the transaction currency into the reference currency and from the reference currency into the other home currencies. You must define:</ListIntro>
			<ListItem>The currency rates between the external currencies and the reference currency.</ListItem>
			<ListItem>The currency rates between the reference currency and the other home currencies.</ListItem>
		</List>
		<List><ListIntro>In an <Link href="/baanerp/tc/glossary/glossary#000025" role="glossary">independent currency</Link> system, SSA ERP converts amounts from the transaction currency directly into the reference currency and into the other home currencies. You must define:</ListIntro>
			<ListItem>The currency rates between the external currencies and the reference currency.</ListItem>
			<ListItem>The currency rates between the external currencies and the other home currencies.</ListItem>
		</List>
	</GeneralSection>
</ManualTopic>
