This field contains the ISO-code of the invoice currency. If the entry does not match an ISO-code, the entry is converted automatically, but only if there is a corresponding entry specified in the Alias option in the Settings > Invoice Processing > Capture Profiles > Currency Settings option.

At first, Kofax AP Agility attempts to extract the currency from the invoice. If no currency is captured or no currency appears on the invoice, you can configure the currency to match either the vendor or the purchase order country of origin.

Configuration settings determine whether the currency field is mandatory or not. This is set in the Settings > Invoice Processing > Capture Profiles > Field Settings.

It is also configurable whether user input should be validated against a database or the downstream ERP system. This is configured by selecting one of the Validate Drom DB or Validate From SAP options in the Settings > Invoice Processing > Capture Profiles > Currency Settings. If you choose to validate from a database, additional settings are displayed so that you can map your database to these settings.

If the organization provides an Oracle or SQL Server database, Kofax AP Agility can provide an SQL script to create a fully populated table of all world currencies and their associated countries.

Within the configuration, it is also possible to configure the currency symbols and terms that are associated with specific currencies. For example, pounds, sterling, and £, are all associated with GBP. However, the $ symbol can be associated with USD, CAD, AUD, NZD and more. In this case, more information is needed to narrow down the specific currency.

You can add additional currencies, aliases, and associated countries via the Settings > Invoice Processing > Global settings > Currency Settings.

However, if you process documents that have a $, and these documents are always in USD, you can select the Dollar Sign Is USD option in the Settings > Invoice Processing > Capture Profiles > Currency Settings. This means that the $ is always interpreted as USD.

During production, if the corresponding currency symbol is found, and this symbol is unique to one particular currency, then that currency is selected. Terms take priority over currency symbols. Additionally, the higher the currency is on the list in the system configuration, the greater the weight the system assigns to that currency.

If the currency symbol is ambiguous, then the vendor country of origin is used to find the currency ISO-code. This is possible only if the currency is specified for that vendor in the Vendor.csv database.

For example, the $ symbol is found on the document, but no further reference is made to the actual currency. If the vendor of this document is from Canada, the currency is set to CAD.

During the Validation Activity, if the user changes the Vendor ID, a message is displayed with information about the currency. They can then press OK to accept the change in currency, or Cancel to go back and change the Vendor ID.