The Exchange Rates for (GOC) Good Office Committee Pricing program is used to maintain exchange rate by effective date rather than effective period. This is initially used to generate selling price records by using this exchange rate to convert an existing price record into another price record with the relevant currency code.
As an example, generate selling price in Rupee using the existing list price in US dollar.
The Direct Re-Pricing program re-prices directly to another price code. New price records are generated or existing ones are amended based on the change in either exchange rate or price of source record.
Add a new exchange rate definition
- In the menu, expand Base Modules > Distribution > Masterfiles > Auto pricing > Maintenance and double-click AUP GOC Pricing Exchange Rates. DSM340 GOC Exchange Rates Maintenance panel appears.
- Enter the currency and click OK. DSM340 GOC Exchange Rates Maintenance main panel appears.
| Option | Description |
| Change | This option allows changing existing exchange rate definition. Only those records after current date can be maintained. Old records are displayed in inquiry mode. |
| Delete | This option allows deleting existing exchange rate definition. Only those records after current date can be deleted. |
| Display | This option displays details of existing exchange rate definition. |
| Approve | This option is used to directly approve amendments made to the calculated prices |
- Click Add. DSM340- GOC Exchange Rates Maintenance panel to add a new exchange rate definition appears.
| Field | Description |
| Effect date | The date from which the definition will come into effect. This date should be greater than the current date. |
| Rate | This exchange rate is used to convert an existing price record into another price record with the relevant currency code. For example convert Australian dollars to Euro. |
- Enter the required information, as necessary.
- Click OK to save the exchange rate definition.
