Setup

Currencies

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Currencies and exchange rates

LIMBAS offers the option of using any number of currencies. Exchange rates can also be defined in pairs for all currencies, which are then available globally in the system for converting the currencies.

Add currencies

Navigate to [Setup -> Currencies] in the admin area. Enter the name, code and optionally a symbol for the currency.

Fig.1: Add currency

Add exchange rate

To add an exchange rate, click on the “Exchange rates” tab. Select any two currencies and enter the exchange rate and the corresponding date.

Fig.2: Add exchange rate

The exchange rate in this example means: 1 DZD has the same value as 0.0075 EUR. Note that this rate is only used to convert DZD to EUR. To convert EUR to DZD, an additional exchange rate must be added explicitly.

Application

This is an example of use in the LIMBAS demo: Under My Computer, navigate to [Example CRM -> Orders] and (double) click on any entry to display the details. By clicking on the arrow next to the “Amount” field, a context menu now appears containing the amount in each currency for which an exchange rate exists based on the current currency.

Fig.3: Example usage of currencies
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