Open navigation

Create a new Currency Amount group

Modified on Mon, 17 Apr 2023 at 01:39 PM

To add a new approval group, follow the steps below:

On the Groups tab, click Create new group.

In the New group section, fill out the following data:

  • Group name: Enter a descriptive name for the group.
  • System: Select the system from the drop-down list. Typically, there is only one Aico system.
  • Group type: Select the group type from the drop-down list. Typically, there is only one group type. 
  • Group description: Enter additional information to describe where this currency amount group is used. For example, "This currency amount group is used to determine the maximum value of a journal that can be posted without approval".
In the Group values section, fill out the following data:
  • Currency: Select the currency from the drop-down list.
  • Amount: Set the limit for the currency. In this example, the amount is 75,000 (EUR and GBP), but 90,000 in USD.  

Currencies can be added or removed by following the instructions below:

1. Click Add Item, if you want to add another currency limit. This will immediately bring up a new row with a currency populated. 

2. Change the currency to the one you desire from the drop-down menu and complete the rest of the table accordingly. 

3. Click Remove item, if you want to remove the currency limit
4. Click Save group

Note: If the currency you are trying to add does not appear in the list of available currencies, then it is not set up in the Aico Master currencies value set. Read this article to find out more.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article