The accounting currency is the currency of the country where your company is registered. Costs in transactions, profits, and settlements with counterparties are calculated in the accounting currency.
The default accounting currency is INR. You can change it to one of the available currencies (EUR, USD, RUB), or add another required currency.
Change accounting currency
- In the Kladana workspace, click on the user menu and select Settings → Lists → Currencies.
- The Accounting currency has the green mark in the list. Click on the row to change it.
- Select new currency in the drop-down menu.
- Click Save.
When changing the accounting currency in transactions that have already been created, only the currency name will change, while the price remains the same. For example, if you change the accounting currency in an existing transaction from rupees to dollars, 10 rupees will convert to 10 dollars.
Add new currency
- In the Kladana workspace, click on the user menu and select Settings → Lists → Currencies.
- Click +Currency.
- Select new currency in the drop-down menu. If there is no currency you need, select Another.
- Specify the currency information (Short name, Full Name, Digit code, Letter code).
- Set the currency exchange rate manually or choose the automatic rate. The automatic rate is set only in relation to the rupee.
- Click Save.
Currencies in transactions
Currency and its exchange rate can be set in any transaction: Receivings, Shipments, Payments.
- Navigate to the transaction.
- Select Transaction currency in the drop-down menu. If there is no currency you need, first add the currency.
- To change the exchange rate, click on the icon
next to the exchange rate value. By default, the rate indicated in the currency card is applied.
- Click Save.
The prices in the transaction will be recalculated according to the new exchange rate. The recalculated price will be rounded to six decimal places.