| Anchor | ||||
|---|---|---|---|---|
|
| Excerpt |
|---|
In this article, you will learn how to change the default currency of your company on the main screen and from the setup screen. You can also set up a different currency for specific vendors and customers. |
Table of Contents
| Table of Contents | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Set a Company Currency
To setup the company’s currency, do the following instructions:
Go to Setup and select Settings.
In the Company Setup section, click on the Currency Options link. A pop-up window will display.
Validate the home Currency that is displayed by default.
Click on the Multicurrency checkbox and confirm the following information.
Check the "I understand I can't undo Multicurrency" option and click on the Save button. Once you do this, you won't be able to change your company currency anymore.
Click on the Currency Options link again and confirm the window is displayed correctly.
| Info |
|---|
In order to add a new currency (used by your customers and vendors), click on the Add Foreign Currency link, and to edit an exchange rate, go to the Actions column and click on Edit. The Add/Edit Foreign Currency window will open, enter the new exchange rate and click on Save to finish. Now, you will be able to set up a different currency for your customers and vendors. Read Assign a Currency to a Vendor and Multicurrency for Sales for further information. |
| Note |
|---|
If you choose a customer’s currency and then modify it after the statements have already been generated, the system will not automatically convert the existing statements to the new currency. This may result in discrepancies in the statement amounts due to the different currencies used. |
| Filter by label (Content by label) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|