Accessed via: > System Settings
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Expenses can be submitted in different currencies; with automatic currency conversion back to your home currency. Typical, rates per currency are suggested on the Currencies screen during initial setup and can be edited here if there are significant fluctuations.
These conversion rates are used to automatically calculate exchange rates when your users enter international travel expenses. Users are able to override these exchange rates with their own given most credit card companies levy a fee for handling of foreign exchange.
For obvious reasons you can't change the Home Currency (set in the System Settings) which will always be set to 1.
oEnter the desired exchange rate (relevant to the system Home Currency).
oUse the Save button to save your changes.
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oBy default, any disabled currencies types are hidden from the list. This ensures the list remains 'current'. However, you can include these in the list by placing a tick in the Include Disabled Currencies check box..
oCurrencies can be disabled by removing the tick from their Enabled box .