Preferred Currency Change

The Preferred Currency Change transaction is used to change the currency, which the borrower prefers to use in dealing with this account.  

Follow these steps to submit a Preferred Currency Change transaction:

1. From the Accounting views, select the Preferred Currency Change transaction from the Select a Non-Monetary Transaction drop down list.  The Preferred Currency Change dialog is displayed.  The current Preferred Currency is displayed.

2. Select the Preferred Currency the borrower prefers to use in dealing with the account.

3. Select the Save push-button.  The transaction is submitted to Recovery Accounting.  If the transaction posts successfully the dialog is closed and the originating view is displayed.  If the transaction does not post successfully, the errors are displayed in the Messages dialog.

4. To cancel the transaction, select the Cancel push-button.  When the push-button is selected, the dialog is closed and the originating view is displayed.