Standard currency fields
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- UpdatedAug 3, 2023
- 2 minutes to read
- Vancouver
- Currency fields
The Vancouver release is no longer supported. As such, the product documentation and release notes are provided for informational purposes only, and will not be updated.
The standard, or default, currency fields are installed with the base system and used in most non-financial applications.
A standard currency field stores a currency value, a currency code, and a reference currency value.
- Three-letter ISO code that identifies the currency that you select for the currency amount. For example, USD for the US Dollar, or EUR for the Euro.
- The reference currency value is the currency value, expressed in the reference currency. When you save a currency value, the reference currency value is calculated using a rate conversion.
A price field is similar to a currency field, but with special features for conversion and display. To learn more, see Price fields.
Related Content
- FX Currency fields
Use FX (Foreign Exchange) Currency fields as an alternative to the standard (default) currency fields found in most applications. They are highly configurable, support use of custom rate tables, report aggregations, and provide for improved visibility into conversion calculations.