| # Other currency systems The currency systems from previous versions of ERP LN are replaced by the standard currency system. For compatibility reasons, the other currency systems are still available. These are: single currency system independent currency system dependent currency system Home currencies For the other currency systems, ERP LN uses the currency exchange rates you link to the internal exchange rate type to convert amounts between the company's home currencies. In the sessions that display amounts registered in more than one currency, you can choose Rotate Currency on the Tools menu to see the amounts in the different home currencies. Reference currency For the other currency systems, the reference currency must be one of the home currencies. ERP LN uses the reference currency to convert amounts from the transaction currency to the home currencies: In single currency systems. In dependent multicurrency systems. In independent multicurrency systems, ERP LN converts the transaction amounts directly from the transaction currency to the home currencies. Rate determiner The rate determiner can have the following values: Document Date ERP LN uses the rate that is valid on the document's creation date/time. The Document Date rate determiner applies to all types of transactions. You can manually change the rate. Manually Entered You can manually enter the rate. By default, ERP LN uses the rate that is valid on the document's creation date/time. The Manually Entered rate determiner applies to all types of transactions. For the other currency systems, the rate determiner can have various values. For more information, refer to Rate determiners. Related topics Single currency system Independent multicurrency system Dependent multicurrency system Standard currency system |