Third-party Plugins currency conversion
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Third-party Plugins currency conversion

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Questions and Answers

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?

  • 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?

  • 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?

    <p>It might require custom development for some tax calculators.</p> Signup and view all the answers

    What must be set to Generic for multi-currency conversions to work?

    <p>The Website Setting Pricing Service.</p> Signup and view all the answers

    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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    Related Documents

    Currency Conversion for E-commerce PDF

    Description

    This quiz focuses on the setup and considerations of multi-currency support in Optimizely Configured Commerce. It covers how prices are displayed, the importance of conversion tables, and the overall impact on various features like shipping, taxes, payments, and promotions. Test your knowledge on efficient currency management within the platform.

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