Add an exchange rate download process

  1. From Administration, select Currency. The Currency page appears.

  2. Select Currency exchange rates. The Currency Exchange Rates page appears.

  3. On the Exchange Rate Download Processes tab, select Add. The Add Xignite Xignite is a financial web service subscription used in MultiCurrency for exchange rates. For more information about their currency exchange rate data subscriptions, see http://www.xignite.com/forex/20001.html. currency exchange rate download process screen appears.

  4. Enter a unique name and description to help identify the download process.

  5. In the Type field, select whether to use the corporate or daily exchange rate type for currencies in the process.

  6. To assign “Xignite” as the source for all rates downloaded in this process, select Set the exchange rate source to Xignite.

  7. The Rates grid includes the recommended exchange rates available to download based on the currency sets configured on the Currencies page. You can add new rates to the grid or delete the recommended rates.

    Warning: Exchange rate download processes do not update when you add a new currency. However, you can manually add new rows for the new currency. When you create a new instance of the process, the process includes all active currencies.

  8. The Hits generated field displays the total number of Xignite web service "hits" the download process will use when the service is run. Xignite exchange rate subscriptions allow a limited number of hits per month and each exchange rate in the process requires one hit.

  9. Under Authentication, enter the username and password for your Xignite account. If you select Set as default authentication for Xignite, the program always uses the username and password you entered. This option may be useful if your organization has multiple users that run the download process but purchased only one user account with Xignite.

  10. Under History, in the Delete history older than field, select how long to store the history for this process. If you run the download process frequently, you may want to delete the process history on a regular basis to keep the history list current and useful.