Currency Reference

This page explains how currencies work in each part of QuickEasy BOS.

Overview

Module	Description
Customers	Allocated a single currency. Can only be linked to Price Lists in the same currency. Can only be added to transactions that support their currency.
Estimating	Estimates can only be done in the local currency. However, once you determine a local price, you can copy the transaction to convert that price to the customer’s currency.
Items	Prices can be set in all the currencies. Can only be added to transactions if they have prices that match the transaction’s currency and that of the selected customer or supplier.
Organisation	Limited to one local (main) currency, but you can add multiple currencies for prices and transactions.
Suppliers	Allocated a single currency. Can only be added to transactions that support their currency.
Rate of Exchange	Certain reports can be viewed in the transaction or local currency. Others convert foreign currencies to the local currency. A General Setting determines how the currency is converted: Local Currency (LOC) to Foreign Currency (CUR) Foreign Currency (CUR) to Local Currency (LOC) The rate of exchange is updated daily (directly after midnight) on the server and applied to the database as soon as someone logs in.
Transactions	A setting lets you choose which currencies may be used. Item totals are rounded to the number of decimals set in the General Setting Accounting > Decimals in Currency (2 or 3).