Understanding Currency Codes

For currency amounts to reflect the correct decimal positions, you must set up a currency code for each currency with which you work. For each currency code, you also assign a program that converts amounts to words when writing payments.

After you set up currency codes, you assign them to:

• Companies.

• Monetary accounts (usually bank accounts).

• Suppliers and customers.

• Ledger types.

The system stores currency code information in the Currency Codes table (F0013).

The currency codes that are provided in the JD Edwards EnterpriseOne software are recognized by the International Organization for Standardization (ISO).