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Foreign Currency / Exchange Rates
Foreign Currency
Foreign Currency is defined if employees are paid in different currencies.
- Code: Alphanumeric
- Description: Foreign currency name
Foreign Exchange Rate
Foreign exchange rate is defined according to foreign currencies.
- Currency: Foreign currency
- Description: Foreign currency name
- Exchange Rate Code: Alphanumeric code
- ACTUALRATE: Monthly basic and Payment & Deductions are calculated at the same rate
- MBSTAFFRATE: Monthly basic is calculated at a different rate
- Exchange Rate: Numeric