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Currencies on rounds, contracts and batches - Product News

Give each grant round, contract and payment batch its own currency, and see every amount with its code and totals one line per currency.

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ForAdministrators

What's new

  • A currency for each grant round. The Funding Type step has a Currency field, with your organisation's currency first and chosen for you. Once an application to the round has been submitted, the field is locked and says why. See Currencies.
  • A currency for each contract. A contract takes its round's currency, and its Funding step lets you change it until the contract is sent.
  • A currency for each payment batch. Choose it when you create the batch. It never changes, and a payment in another currency is refused with the reason. See Payment batches.
  • Codes on every amount. The applications list, the decision register, the contracts list and a contract's page, the milestones list and the payment batches list show each amount with its code and its own decimal places, such as NZD 1,250.00 and JPY 12,500.
  • Totals one line per currency. The applications list and the decision register total each currency on its own line. Amounts in two currencies are never added together, and nothing is converted.