In this article

• Add a New Currency
• Edit a Currency
• Exchange Currency Rate Setup
• Corporate Currency

Some configurations include an Exchange Rate tab where exchange rates are managed. The value of vouchers is always determined in USD. By setting exchange rates, the value of a voucher is also available in the local currency. The calculation from USD to local currency occurs during the time of the booking and is saved with the voucher information so it can be reported on later.

Loyalty Setup Tab

Select the Loyalty Setup tab from the main navigation.

Add a New Currency

On the Exchange Rate tab, select Add New Currency.

Edit a Currency

Select the Edit icon to modify a currency.

Exchange Currency Rate Setup

A blank window will open when you add a new currency, while a window with existing currency details will open when you select to edit a currency. Fields with asterisks are required.

USD Value

Enter the value in USD.

Currency Name

Choose a currency name from the drop-down list. Selecting the currency name auto-populates the currency code.

Currency Code

The currency code is auto-populated when the currency name is selected.

Exchange Rate

Enter the desired exchange rate.

Local Value

This displays a calculation of the local value based on the exchange rate.

Save

Select Save to update your currency exchange rate.

Corporate Currency

The USD is the default currency in eLoyalty. Upon request, the corporate currency can be configured as a default currency, referred to as a designated corporate currency.

Functionality

• Points can be calculated on revenue recorded in the corporate currency.
• A corporate currency may be used for reporting.