Alternate currency provides the ability to advertise rates or charge guests in a currency other than the property's local currency.
RMS will use the default currency for the Property location unless an Alternate Currency is setup.
At least one Foreign Exchange Rate must be setup before enabling Alternate Currency in RMS.
The Foreign Exchange Rates setup in RMS will be used for currency conversion and currency exchange.
The option 'Second Currency Affects Rate Quotes Only' enables properties to setup and advertise Rates in an Alternate Currency whilst using the local currency on the Accounts in RMS.
When using Alternate Currency for Rate Quotes Only the Foreign Exchange Rate setup will display on the account and be used for the conversion rate when creating the Rate Amount on the Account.
A currency conversion will only occur for Rates that are setup to use the Alternate Currency.
Users will require Security Profile access to use this feature.