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(GIF) How to set exchange rates?

1. Navigate to ePayroll > Payroll Admin > Exchange Rate.


2. Select and set the ‘Month’ & ‘Year’ for the exchange rate and the ‘Base Currency’.
3. Click , fill in the fields as required.
4. Once done, click  for the corresponding foreign currency to update the system.


*Tip: the exchange rate is accurate up to 4 decimal places.
**Note: The exchange rate is only used for conversion for IRAS tax purposes. It does not convert the basic pay reflected in the pay slip.

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