Commonly Asked Questions
How does DonorPerfect Online (DPO) manage the daily currency exchange rates?
As part of the module, DPO will be providing an automated process that populates an integrated currency conversion table using data from a 3rd party source. You will be able to review the exchange rates being used right in DPO.
In addition to pledges and gifts, will total amounts also be converted automatically?
Although DPO has several standard “aggregate total” fields, these cannot be converted automatically — because of fluctuations in exchange rates, and because different users might have a different base currency. However, it is possible to calculate aggregate amounts to a particular currency using DPO’s Calculated Fields module and User Defined Fields.
Is there anyway to filter on converted gift amounts?
You may, for example, wish to set a selection filter on all received gifts that have the equivalent value of greater than $50 CAN. To do this, you can create a new field on the gift screen (called AMOUNT_CAN) and create a subsequent conversion of that amount using the Calculated fields module. Since this converted amount is now stored in the database, it can be used in selection filters and custom reports.
Can I report on converted currency fields?
Yes! Any Financial Report that includes actual gift detail records (for example, Solicitation Analysis, Multi-Year Trend, etc.) will perform an on-the-fly conversion of the gift records to the user’s currency. This means that if the user is a US Dollar user, every report he runs will be displayed in US Dollars regardless of whether a gift was made in another currency. Likewise, if a user is a British Pound user, all reports will display in British Pounds.