How to Buy Foreign Currency without Denominations in CurrencyXchanger 4 (CXR)

Buy Transactions. In this video, I’m going to
take you through a couple of buy transactions,
showing you some various different scenarios. So, first of all, before we
go into our invoice module. We just want to make sure that we’re signed into a till. So, go into your manage tills module and you’ll see that we
aren’t actually signed in. There is no name underneath
the signed in user, so just double click on the
line or the cash register that you want to sign in at. Let’s do 01, and we’re just going to
click on the button Sign In. You’ll see that our name
as we’re the administrator has popped into there so we know that we’re signed in correctly. So, we can just close. You’ll now see the
administrator is written in underneath the signed in user as well, so we definitely know that we’re in there, and then we can just close out. Now, going into our invoice module, we’re going to click
on New on the tool bar and let’s say we have a walk-in customer, and they want to sell us some Euros, and so that means we’re going to be buying those Euros from them so we need to click on the Buy button, which also means we’re receiving, so you’ll see the word
Received has come up, these Euros from them and
it’s going to be cash, and then we just need
to put in the amount. So, let’s say it’s 250
Euros. Hit in the Tab button. We’ll take you to the next field, and so it’s strongly advised to continue to hit the Tab button so
you don’t actually miss any fields so nothing gets,
any incorrect information. So, we’ve hit down now to the rate. So, this is the rate in USD, so it’s 1.19 and you’ve also got your foreign rate, also known as the inverse rate, which is probably more familiar
rate for European people, whereas the rate above is
more useful in North America. We’re going to going to Tab down once more and you’ll see that this
is the amount in US dollars that we would need to buy those
Euros from the customer at, which is 298.70 and then we Tab again and we can now put in a
commission % or a fee %, or we can put in in actual
US dollar amount for a fee for this kind of transaction
so this is where we can manually enter that. So, for this example, we’re just going to add two into that fee. when we hit Tab one
more time, you’ll notice that the amount now that
we’re going to pay out is going to be 296.70
because it’s taken into a fact that we’ve got
the two dollar fee now put on top of that, due before fees. So, to finish off this
transaction, we just need to come over to the right
and click on Add Row. You’ll see we’ve got a line
item appear down below, showing that we’re in cash register 01. We’re receiving 250 Euros. We’re charging a two dollar fee and now that means we
need to pay out 296.70 in our local currency
so that’s in US dollars. Now, a very simple easy way to do that, we just go up to Add Row,
click on that one more time, and you’ll see that we’ve now paid out the 296 US and both these line items, these columns are equal. We also have this green check mark, saying that we have balanced
out this transaction. So, everything looks good
so we can click on Save, and then we can go up
into the right corner here and we can actually print
the invoice if we need to. I’ve selected preview before
print so we can just take a look at what that invoice looks like and you’ll see that we
have all the information that we need including
who is actually doing this transaction in your business and you’ll see the two
line items right here. What we bought from the customer. What we paid to the customer
in the currencies shown below. So, you can click Print. We’re just going to
exit out and hit Close. So, that’s one buy transaction. I’m going to take you through
another transaction now, and we’re actually going to be doing one over a thousand dollars. Now, clicking on New on
your invoice tool bar, you’ll see that let’s
Tab into the next box and we’re going to buy let’s say 1200 GBP so we can click on this
little quick link right here to show that we’re using GBP. Now, when you don’t have
a customer selected, you’ll see that when we actually go down to the Add Row button. The system will tell you that we need to have a customer profile, or a file for this customer made. So, this was actually set by yourself in our server preferences so let me just quickly show you up on your 4D tool bar. If you click on File, and go
down to Server Preferences. Across the top here if you select Compliance and Warnings Tab, you’ll see that this line right here
require a customer profile when the local amount is more than is set to 1000 and that’s
in your local currency. So, this you can set to
anything that you want but right now I just
wanted to show you that that’s what we have it
set at, which is why we got that warning coming up. So, let’s just click out of here. We’ll go back into this transaction. So, we need to add a customer so let’s say that it’s
someone we already have in our system. I’m going to say it’s Jessica so hit enter and it’s bringing out the Jessica we have in our systems so I can just double click, and now you’ll see that
this is going to be filed underneath Jessica’s profile. So, she would like to sell us 1200 GBP, so if we go from here, we Tab down just to make sure we hit every field. You’re going to see the rates. How much we need to pay her in US dollars and then that’s at our fee, and so now we need to
pay out 1799.21 in US. So, we can just click on Add Row, and then we can click on Add Row again, saying that we’ve paid
out the same amount. So, making sure that
those columns both balance and we’ve got our check mark. We can now save this transaction as well. We can have a quick preview before we print one more time, just showing you the two lines in this transaction, showing what we bought
and what we paid out, and then we can just exit
out of there, and close.

1 thought on “How to Buy Foreign Currency without Denominations in CurrencyXchanger 4 (CXR)

  1. Is this possible for whatever currency? We have Bolivares, VEF, we need Euros,we have big project for foods,thanks

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