How to define an office home currency
The Office Home Currency is the accounting Currency for this office – all system Journals created for the Office will be created in this Currency, and by default all major system reports will be calculated and displayed using this currency.
When creating a new Office (reporting entity/legal entity) you must specify its Currency (Office Home Currency). This will be the default currency used for all transactions for this Office, unless overridden by a Client Currency or at the point of creating a transaction.
- To change an Office Home Currency go to Setup Files menu and select Office/Search Offices
- Click on the Office for which you wish to change Office Home Currency
- Select the Currency from the drop down list of currencies established in the system
Tip - You can choose to view the foreign exchange rates based on a different currency from the default home currency. Use the Home Office Currency drop down from the Search Currencies page, to see the FX rates based on your selection.