In Siebel Application most of the currencies are defined by default and you can add one if its not present or change the definition of already existing one.
To Define a currency follow the below steps
1.Navigate to the Administration - Data screen, then the Currencies view.
2.Create a new record, and complete the necessary fields.
Some fields are described in the following table.
as mentioned in table Scale defines the number of places after the decimal(right side), it can be set to any number depending on the requirement or the smallest unit of currency. For example one Rupee has 100 paisa so the smallest denomination can be set to .01 to define the value of 1 paisa.
To Define a currency follow the below steps
1.Navigate to the Administration - Data screen, then the Currencies view.
2.Create a new record, and complete the necessary fields.
Some fields are described in the following table.
Field
| |
---|---|
as mentioned in table Scale defines the number of places after the decimal(right side), it can be set to any number depending on the requirement or the smallest unit of currency. For example one Rupee has 100 paisa so the smallest denomination can be set to .01 to define the value of 1 paisa.
recently i had a requirement while implementing siebel loyalty project where i had to define the value of loyalty points in terms of money and one point was equal to .025 USD , so when i was trying to set this value it got roundoff to .03 as scale was defined to 2 and smallest denomination set to .01 USD so to get the things done i had to set the scale to 3 and smallest denomination to .001 now the value is being set to .025.
Cheers. . .
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