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Questions and Answers
What is necessary for a user to create a currency in Optimizely Configured Commerce?
What is necessary for a user to create a currency in Optimizely Configured Commerce?
- The user must be a data analyst.
- The user must have a sales background.
- The user must be an Optimizely Configured Commerce administrator. (correct)
- The user must have a basic account.
Which currencies are supported in Optimizely Configured Commerce?
Which currencies are supported in Optimizely Configured Commerce?
- Currencies with three decimal places.
- Currencies that only use whole numbers.
- Currencies with a minimum of four decimal places.
- Currencies that can be stored in a two decimal place format. (correct)
Which of the following is true regarding the pricing engine when a specific currency price is unavailable?
Which of the following is true regarding the pricing engine when a specific currency price is unavailable?
- The pricing engine will display an error message.
- The pricing engine will calculate the price using a conversion table. (correct)
- The pricing engine will revert to the default currency.
- The pricing engine will simply ignore the currency selection.
What is a major consideration when implementing multi-currency support on a website?
What is a major consideration when implementing multi-currency support on a website?
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What must be set to Generic for multi-currency conversions to work?
What must be set to Generic for multi-currency conversions to work?
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Study Notes
Setting up Multi-Currency
- Only Optimizely Configured Commerce administrators can create new currencies on the platform.
- The website will display prices in the user's selected currency, which can be set on the Admin Console or chosen on the website.
- If a price isn't available in the client's ERP for the selected currency, the pricing engine will calculate it using a conversion table.
- Multi-currency support extends beyond pricing and impacts features such as: shipping, taxes, payments, and promotions.
- Multi-currency values can be stored and calculated for further use, impacting saved orders, wishlists, requisitions, and budgeting.
Currency Considerations
- Optimizely supports only currencies that can be stored in a two decimal place format, including currencies with zero decimal places such as the Japanese Yen.
- The Cybersource Tax Calculator is the standard tax calculator for correctly calculating and applying international taxes.
- Optimizely clients can use a different Tax Calculator supporting multiple currencies, but it might require custom development.
- Spreedly offers Optimizely clients access to over 200 payment gateways and diverse payment methods.
- To enable multi-currency conversions, the Website Setting Pricing Service must be set to Generic.
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