If your organization has added currencies, you will need to define a currency exchange rate for each of them. The first exchange rate added defaults to an effective date of 1/1/1900, which cannot be changed. This is done to allow for an exchange rate to be in effect for historical analysis.
To add a currency exchange rate
- From the top-level navigation, open the Admin module.
- Select System Settings.
- Select the Financial Settings tab.
- Ensure that multiple currencies are enabled and that the currencies your organization want to use are supported.
- For each supported currency, enter an exchange rate.
- Click Save
.