Set up a new currency

Click System, Currencies.

Click New.

Enter the required information, and if required use the Currency Code lookup to identify and select the most logical Currency Symbol.

The Nominal Suffix requires a unique set of three digits. Using other currencies as a guide may be useful here.

On the Defaults tab, these will be set to the same as the home currency, but with the currency symbol in the code to identify them.

It is possible to change the defaults during the set up, a new record will be created if necessary before the creation is completed.

Note: Various defaults do not allow duplicates, or codes of a different currency.

Once happy with the defaults, to create the new currency, click Save.

On the Rates tab, enter an exchange rate within the currency record to allow transactions to be posted.