Using Foreign Exchange Components

Decisions has a module that provides Foreign Exchange components. These components work with the StrikeIron.com web services, therefore it is necessary to set up an account on StrikeIron.com. These credentials are entered in the Decisions portal under System > Settings > Foreign Exchange Settings.

 

 

In the Workflow Designer, the Foreign Exchange components are found under Integrations > Foreign Exchange.

 

 

 

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.

 

 

 

The Do Conversion As Of Date component is configured as follows, converting from Canadian currency to US dollars:

 

 

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.