Where to enter currency data for customers or suppliers

KB000008 Submitted by Andy Colonna on Dec-11-2013


Description of Problem or Issue

This article explains where to setup multiple currencies for sending a quote or invoice to a customer in their currency or purchasing from a supplier in a different currency.

Applies To: Instant Quote Professional

Resolution

Starting in version 8.0, there is now a new Currency setting where you can enter multiple currencies and exchange rates that your company deals with. This makes it possible to send quotes and invoices to your customer in their currency, and to send purchases to your supplier in your supplier's currency.

Setup:

* The currency symbol and exchange rates can be entered in the Setup Options screen, Financial / Markup settings section, by clicking the new "Edit Currency Symbols / Conversion Rates" button, or by using the small green '+' button next to the currency select for Customers/Suppliers.

* Once you have your currencies and conversion rates, you can then set a default currency to be used for a Supplier (New 'Send Purchases in the following currency..' setting in Supplier screen) or a Customer (‘Send quotes / invoices in the following currency..’ setting in Customers screen, Customer Options button).

Note: This is entirely optional.. Leave blank if you do not need this feature.

Resolved on: December 11th, 2013

Additional Information:

Note: If you only require one currency, then Instant Quote Pro will use the currency as set in the Windows Control Panel, regional settings under Currency. Article Last Updated on: January 25th, 2014.