Natural HR updates currency conversion rates on a daily basis from a live feed.
Within Natural HR, it is possible for each company to upload their own exchange rates into the system. These exchange rates will then be taken into account anywhere the system converts information such as salaries and expenses claims into different currencies, and override Natural HR's own conversion values.
Entering customised currency conversion rates:
You will need to use the bulk upload feature in order to upload these rates. To navigate to the bulk upload feature, go to:
Administration > Company > Bulk upload
and select "Exchange rates" under the "Non core data" heading
You will need to download the CSV model and complete this in order to add your own exchange rates. On the template you must specify the start and end date for the time period that this rate applies to.
The table below describes each of the options in the template. This information is also contained within the Bulk Upload guide.
|Date 1||The start date for this currency conversion||Must be entered as dd/mm/yyyy||Yes||Mandatory|
|Date 2||The end date for this currency conversion||Must be entered as dd/mm/yyyy||Yes||Mandatory|
|Currency||The currency which this rate relates to||See list of valid currencies contained within the Bulk Upload guide.||Yes||Mandatory|
|Rate||The exchange rate for this currency in relation to your default currency||Must contain a numerical value up to 2 decimal places||Yes||Mandatory|
Once you have completed the template, return to the Bulk Upload Currencies page and click the Browse button to browse for the CSV file you have created. Click on the Submit button to upload the file. After a short time, a banner will be displayed indicating either the success of the upload, or any errors that have occurred.