Currencies
Default currency, available currencies and exchange rates
Currency management
This tab configures the currencies used in your application.
Default currency
The Default currency selector decides which currency new invoices use by default. Four system currencies are offered:
- EUR — Euro (€)
- CHF — Swiss Franc (CHF)
- GBP — British Pound (£)
- USD — US Dollar ($)
Available currencies
The Available currencies list shows each currency with its rate and the date it was last updated.
Two badges qualify the currencies:
- Base — the reference currency the rates are computed from (rate
1.0000) - Default — the currency applied to new invoices, once one has been designated
Every currency that is not the default carries a Set as default button to promote it. The icons on the right of each line edit or delete a currency.
Until a currency has been designated, the selector shows Select a currency and no line carries the Default badge.
The Add a currency button at the top of the list registers a custom currency.
Automatic exchange rates
Exchange rates are updated automatically every day for the system currencies.
For the custom currencies you added yourself, the automatic update does not apply: you have to enter the rates by hand.