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How does the Currency Conversion work?
How does the Currency Conversion work?

Simplify your business operations with FF Inventory's multicurrency functionality.

Sharvari Joshi avatar
Written by Sharvari Joshi
Updated over a week ago

FF Inventory allows you to work with different currencies easily using its multicurrency functionality. This tutorial will explain how this currency conversion works for the sales order you create. The currency conversion will work in the same manner for purchase orders.

Whether you're working with international clients or dealing with suppliers across the globe, our multicurrency feature can help you simplify your business operations.

To learn how to use our multicurrency feature for your sales orders, follow the steps outlined below

Step 1: Your default currency is set for the transaction whenever you create a sales order (or a purchase order).

Step 2: When you select a customer for your sales order, FF Inventory will notify you if the currency set for the customer is different, as shown in the image below.

Step 3: You can change the currency from the dropdown list as per your requirements.
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Step 4: A message window will appear once you change the currency. Click on the "Yes" option to convert the product prices according to the standard exchange rates.
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Note: FF Inventory uses a third-party API for currency conversion using standard exchange rates.

Step 5: Click on the "No" option if you want to change the currency but not the product prices. It will only change the currency unit, and the product prices will remain the same. You can edit the prices as per your requirement.

This way, you can carry out your transactions without any hassle.


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