Currency

In StrideERP, the Currency list stores the currency value, it's symbol and fraction unit. Most of the commonly used currencies are already present in StrideERP. The exchange rates are fetched automatically according to the current market rate. You can also configure the system to use older fixed exchange rates by creating them in the Currency Exchange form.

1. Pre-requisite

No Pre-requisite required

2. How to Add a new Currency

To Add a new Currency, go to:

Finance > Basics > Currency

3. Configurations

Each currency has defaults set based on widely accepted configurations. You can however modify the configuration to suit your requirements.

3.1 Enable / Disable

By default only few popular currencies and your company's currencies are enabled. To Enable more go to currency list and check "Enabled".

3.2 Fractional units

Some currencies have fractional units like "Cent", you can configure what this fractional unit will be called when converting numbers into words.

3.3 Symbol

Standard currency symbol are populated by default, if you need to change the currency symbol you can update it on Currency document.

You can configure position of currency symbol to the right by checking "Show currency symbol on right".

You can also hide all currency symbols from "Global Defaults".