Administration - Set Exchange Rate

Note: The Exchange Rate is only used for conversion for IRAS tax purposes. It does not convert the basic pay reflected in the payslip.

Step 1: Log in to your account

Step 2: Go to mceclip0.png

Step 3: Click on mceclip1.png

Step 4: Click on mceclip0.pngtab at the top.

Step 5: Set the month, year, and base currency. Note: default Base Currency is SGD.

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Step 6: Set the desired currency and the exchange rate. Tip: the exchange rate is accurate up to 4 decimal places.

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