Creating Accounting Currencies
To create a new accounting currency in your current company
:
- If you have multiple companies, make sure your current company is the correct one.
- Click the Accounting Currencies tab.
- Click New next to Recent Accounting Currencies on the home page.
- In the Currency field, select a Salesforce active currency
. If you don't see this field, ask your administrator
to add it to your page layout.
- In the ISO Code field, type the same three-character ISO code
that you selected in the Currency field.
- Specify the number of decimal places to which values in this currency are expressed.
- Enter the AR Write-Off Limit which will be used when completing the Accounts Receivables Write-Off process.
- If this currency is the current company's home currency, set the Home checkbox.
- If this currency is the current company's dual currency, set the Dual checkbox.
- When you have finished, click Save. You can also click Save & New to save the changes to the current record and then immediately begin to create another.
If relevant org-wide exchange rates already exist when you create a new accounting currency in a company that uses org-wide exchange rates, these rates can be automatically applied. A warning is displayed.