This topic provides the systematic instructions to capture the User Defined Field details.

1. On Bills and Collections Exchange Rate Type Maintenance screen, click Fields.
   The User Defined Fields screen is displayed.

   Figure 2-14 User Defined Fields

   
   
   Description of "Figure 2-14 User Defined Fields"
   

   Note:

   Value for UDF is made mandatory or non-mandatory as maintained in the User Defined Fields Maintenance screen.
2. Specify the details as required, click Ok to save the details else click Exit or Cancel.
   FOR EXAMPLE: Maintain the following cut-off amount slabs, and the corresponding exchange rate types & exchange rates to be applied on Bill contracts processed at:

   Cut-Off Amount Slabs (in Local Ccy - USD)	Exchange Rate Type	Exchange Rate (for GBP to USD conversion)
   0-25,000	STANDARD	1.684
   >25,000	COUNTER	1.897

   Assume that you are processing a Bill for GBP 20,000. The local currency of your bank is USD. In such a case, the system will first convert GBP 20,000 into the local currency equivalent using the Standard mid-rate. Assuming that the mid-rate is 1.5, the converted amount works out to USD 30,000. The system will then validate the converted amount against the cut-off amount slabs maintained. USD 30,000 (converted amount) falls in the second slab (>25,000). The exchange rate type maintained for this slab is COUNTER, and the corresponding exchange rate is 1.897. The actual conversion of the transaction amount takes place using the COUNTER rate of 1.897. Therefore, the USD equivalent of 20,000 GBP works out to 37,940.

   Note:

   Exchange rate maintained in Bills Exchange Rate Type Maintenance screen (BCDAMTEX) will be applied based on amount slab during the transaction save.