📘 Screen: Currency Rates
The Currency Rates screen keeps the history of foreign currency exchange rates: for each date, what the buying rate was and what the selling rate was. It is a rate logbook — useful for checking later at what exchange rate a deal was closed.
📍 Location in the system
Menu: Financial > Currency Rates
🧩 Main function
To record the day's exchange rate. The entry is simple: choose the currency, confirm the date and enter the two amounts.
📝 Registry fields
| Field | Description |
|---|---|
| Currency | A fixed list on the screen, with Dollar and Euro. Required. Note: this list belongs to this screen and does not come from the Currency registry. |
| Date | Day of the rate. It comes filled in with today's date and is required. |
| Buying rate | How much you pay in reais for one unit of the currency. Required. |
| Selling rate | How much you receive in reais for one unit of the currency. Required. |
The list, on the left, shows Date, Buying rate, Selling rate and Currency, with a filter on each column. The registry applies to the whole company — it is not per farm.
- You can check at what exchange rate each period was closed, without relying on a spreadsheet.
- It becomes easier to check the amount typed into an older contract or bill.
❓ Frequently asked questions
If I record today's rate, do entries come out converted automatically?
No. Each document's conversion uses the amount typed in its Exchange rate field. This screen keeps the history of rates for reference.
Why does the currency list here only have Dollar and Euro?
Because that list is fixed on the screen and does not come from the Currency registry. If the farm operates in another currency, it is tracked through the Currency registry and the documents' Exchange rate field.
What is the difference between the buying rate and the selling rate?
The buying rate is how much you pay in reais to buy the foreign currency; the selling rate is how much you receive when you sell it. Record both as they were that day — the difference between them is what explains the exchange result.
Do I need to enter the rate every day?
Only on the days that matter: usually the day you close a purchase, a sale or a payment in foreign currency. The screen does not require one rate per day and does not block entries for lack of one.