The KYC, Investor Account Statements and the investor portal widgets (sector and account) values are displayed in CAD by default. This feature allows users to track the exchange rate of any non-Canadian currency within their system.
By not tracking exchange rates, values totaled in the above-referenced areas will be calculated at the current value, regardless of the currency defined.
When this feature is activated, users will see a new tab within the admin module; "Foreign Exchange Management".
To add an exchange rate click the "+ Add" button. Confirm the currency details in the drop-down menus, define the exchange rate and effective date, and click "Create".
This will only update the currency for reporting and would not adjust any offering unit prices or CMV values for transactions. You may Edit or Delete any created rate.
It’s important to note that you will need to add the currency exchange rate and its inverse rate, in order to track and display the correct values. For example, if the offering is in USD then the USD to CAD rate and the CAD to USD rate for the specific date will need to be recorded.
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