<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tc/onlinemanual/000024" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">To use currency formats</Title>
		<Keyword><Level1>Currency</Level1>
			<Level2>formats</Level2>
		</Keyword>
	</Header>
	<GeneralSection><Paragraph>You use currency formats to define the precision that SSA ERP uses to display and round currencies. You must define a currency format for each currency that you define.</Paragraph>
		<Paragraph>SSA ERP can handle a number of different currencies for one <Link href="/baanerp/tc/glossary/glossary#LogistCompan.tc" role="glossary">logistic company</Link> or <Link href="/baanerp/tf/glossary/glossary#FinancCompan.tf" role="glossary">financial company</Link>. The different currencies can require a different degree of precision.</Paragraph>
		<GeneralSection><SectionTitle>Low degree of precision</SectionTitle>
			<List><ListIntro>Currencies of which the basic unit represents a relatively low value usually require a low degree of precision. Amounts in these currencies are generally presented as whole numbers. For example:</ListIntro>
				<ListItem>The Japanese Yen.</ListItem>
				<ListItem>The Korean Won.</ListItem>
			</List>
		</GeneralSection>
		<GeneralSection><SectionTitle>High degree of precision</SectionTitle>
			<List><ListIntro>Currencies whose basic unit represents a relatively high value usually require a high degree of precision. Amounts in these currencies are generally presented with two or more decimals. For example:</ListIntro>
				<ListItem>The American dollar.</ListItem>
				<ListItem>The European Euro.</ListItem>
				<ListItem>The Brazilian real.</ListItem>
			</List>
		</GeneralSection>
		<GeneralSection><SectionTitle>Format codes</SectionTitle>
			<Paragraph>You use format codes to define more than one format for a currency. You can define formats with different degrees of precisions to be used for different purposes.</Paragraph>
			<Paragraph>For example, you can calculate invoice amounts with a higher degree of precision than you use to calculate internal costs.</Paragraph>
		</GeneralSection>
	</GeneralSection>
	<RelatedTopics><SectionTitle>Related topics</SectionTitle>
		<RelTopic><Link href="/baanerp/tc/onlinemanual/000025" role="manual">To define format codes</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tc/onlinemanual/000026" role="manual">To define currencies</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tc/onlinemanual/000078" role="manual">To use flexible formats</Link>
		</RelTopic>
	</RelatedTopics>
</ManualTopic>
