Importing Exchange Rate Data

With Nakisa HR Suite, you can upload data about exchange rates so that you can maintain all of your salary information in its original currency and then normalize it to a single currency, if needed.

Note: If your primary ERP is SAP, you do not need to perform this step, as exchange rate data is imported with the check tables.

To upload Exchange Rate data:

  1. Download the Exchange Rate Template file from the Available Templates section of the Data Management page.
  2. Populate the exchange rate data into the template and save the file.
  3. Open the Data Management page (if you have not already) and click Create New Batch. This opens a new tab in the second pane.
  4. Select Effective Dated Excel in the first drop-down menu.
  5. Select Upload Data in the second drop-down menu.
  6. Select Update or Insert to update the information.
  7. Click the Upload link, navigate to the template you populated, and click Open.
  8. Click Run Batch. You will receive a success message when this process has completed.
  9. Click Recreate Index. This will re-index your source and scenario data.

Note: Verify that your default currency has a valid 1 to 1 exchange entry in the mapping. If none exists, the currency fields in Nakisa HR Suite will appear incorrectly. If you are using an effective dated Excel sheet to upload data, add the rate there. If you are using an ERP, contact Nakisa.

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