Using Foreign Exchange Components
  • Updated on 04 Apr 2014
  • 1 minute to read
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Using Foreign Exchange Components

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Decisions has a module that provides Foreign Exchange components. Before beginning, the Foreign Exchange module must be installed by going to System> Administration> Features

These components work with the  Informatica/StrikeIron web services, therefore it is necessary to set up an account with Informatica/StrikeIron. These credentials are entered in the Decisions portal under System > Settings > Foreign Exchange Settings .

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In the Workflow Designer , the Foreign Exchange components are found under Integrations > Foreign Exchange .
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The flow below takes in line items from an invoice and loops through them, performing a currency conversion on each line item dollar amount. There are two Foreign Exchange components, Do Conversion As of Date , and Get Conversion Rate As Of Date .

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The Do Conversion As Of Date component is configured as follows, converting from Canadian currency to US dollars:
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The date format required by the StrikeIron.com web services is mm/dd/yyyy format. In this example, a converter flow to convert the current date to this format is necessary.

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