This article will cover the following topics:
💱 How do I enable multiple currencies?
You first need to create an "Exchange Rate List". Your currencies will be available for use from the date in the Exchange Rate List and at the exchange rate that you enter.
NOTE: The currency list is long as it contains a worldwide list! Search by the three letter currency abbreviation to jump straight to your required currency.
NOTE: When adding an additional currency, the rate that you enter is 1 of your base currency = x of your additional currency. For example, you would enter 0.77 if $1 USD=£0.77 GBP ⤵
🙋 Where can I use them?
You’ll be able to select from your list of enabled currencies in any multi currency field. The "Opportunity Value" field is one, the Products area is another and you may choose to add custom multi currency fields as part of your setup:
🙋 How do I keep them updated?
Most companies work off quarterly published exchange rates, usually determined by your Accounts Team! When an exchange rate changes, add a new "Exchange Rate List" beginning from the date the new rate applies and then update your rates.
NOTE: Don’t just overwrite your existing rate with the new one as the change will apply to all Opportunity Values in Pipeliner using that currency!
The current exchange rate is the rate currently applied... ⤵
NOTE: Currencies are available only in Business and Enterprise Tiers.