Currency
The currency list is shared by every company. A currency is offered on a company's documents only after it is extended to that company on Currency Legal Entity.
Every field in plain words
| Field | What it means | What to put |
|---|---|---|
| Currency | The code used across the system | Required. Unique. The ISO code is the usual choice: USD, EUR |
| Name | The currency's name | Required. Unique |
| Currency ISO | The ISO 4217 code | Required. Picked from a list |
| Symbol | The sign, such as $ | Optional |
| Symbol Position | Before or after the amount | Optional |
| Country | The country of the currency | Optional |
| Currency Unit, Currency Subunit | The words for the unit and the hundredth, such as Dollar and Cent | Optional |
| Denom, Name (lines) | The notes and coins | Recorded only |
| Predefined | Delivered with the system | A predefined currency cannot be deleted |
What it is connected to
- Currency Legal Entity - extends it to a company, with rounding.
- Currency Conversion - its exchange rates.
- Ledger Setup - local and reporting currency.
If something looks wrong
- "Currency - cannot delete this Currency as it's predefined" Block it on Currency Legal Entity instead.
- A currency is missing from a document's list. Extend it on Currency Legal Entity and check it is not blocked there.