Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

By enabling this setting, the home currency can be changed in the main screen and then, from the Set up screen. You will be able to set up a different currency for some of your vendors and customers.

Instructions

 To complete the setup, please follow the next steps:

  • Go to Setup > Settings
  • In Company Setup section, click on Currency Options link.
  • A pop-up window will display. There you should validate the home Currency that is displayed by default. The Multicurrency checkbox will appear as uncheck.
  • Check

    Anchor
    topofpage
    topofpage

    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
    minLevel1
    maxLevel1
    include
    outlinefalse
    indent
    excludeTable of Contents
    typelist
    class
    printablefalse

    Set a Company Currency

     To setup the company’s currency, do the following instructions:

    1. Go to Setup and select Settings.

    2. In the Company Setup section, click on the Currency Options link. A pop-up window will display.

    3. Validate the home Currency that is displayed by default.

    4. Click on the Multicurrency checkbox and confirm the following information

    is displayed
    1. .

    2. Check the "I understand I can't undo Multicurrency" option and click

    on 
    1. on the Save button. Once you do this, you won't be able to change your company currency anymore. 

    2. Click

    on 
    1. 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.

    Image Modified

    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.

    Back to top


    Filter by label (Content by label)
    showLabelsfalse
    max
    10
    5
    showSpace
    sort
    false
    title
    sort
    title
    title
    Related Articles
    cqllabel in ( "currency" , "multicurrency" , "rates" , "multicurrency-sales" )
    labelspricing currency financial-settings