Enabling automatic currency updates

This article will guide you through enabling the automatic currency updates feature in the system.

To begin, you'll need to register for an "AppID" on the following website:
https://openexchangerates.org

A developer account is sufficient for this purpose.

Once registered, please send your obtained AppID to our support team, and we will update your system accordingly.

Ensure that your base and other currencies are supported by visiting:
https://openexchangerates.org/currencies

After receiving confirmation that your AppID has been loaded into the system, you'll need to activate it for the specific currencies you wish to auto-update.

Here's how to activate it on your system:

1. Create a new currency or select an existing one.
2. Ensure that the currency code matches exactly as listed on the website above (failure to use a valid currency code will result in update failures).
3. Mark “Auto update” box.
   
   

4. If you'd like to adjust the percentage of the exchange rate update, modify the value in the "Change" field. For example, you can increase it by entering 105 or decrease it by entering 95.

5. The update will occur once you save the changes. The system will automatically update these currencies every hour.

Updates are logged as "System changes" in the currency exchange log report.

NOTE: Exchange rate information is in the responsibility of openexchangerates.