How to set Base Currency?
Base currency is the currency used by GemCloud for all your Accounting and Pricing. You can set any currency as your Base Currency with just a few clicks. Follow these steps.
Step 1:
Navigate to the top left and click on the Configuration Button.
Step 2:
Click on Base Currency under General Settings. Select your desired base currency from the drop-down and then click on the "Confirm" button to apply the changes.
Step 3:
You also have the set the system to automatically update all of the currencies on a daily basis. While clicking on a Plus[+] button you can view the exchange rates for all currencies and also click on the currency history Plus[+] button you can view the past performance of a transaction.
- Related Articles
- QuickBooks Integration protocols guide?- Rules to sync the Customer over the QuickBooks: 1. For customers, the currency will be saved according to the currency the user has set as the default or base currency in the QuickBooks settings. 2. When the user wants to sync the shipping and ... 
- How to Set Up Document Default Price?- Setting up a default price for documents helps streamline your pricing process by automatically applying a consistent price to your memos and invoices. Here’s a step-by-step guide on how to set up a document default price: Step 1: Access ... 
- How to Set Up Cost/Pricing Encoding?- Setting up cost/pricing encoding is essential for accurate cost management and pricing strategies. Follow these steps to configure cost/pricing encoding in your system: Step 1: Access Configuration Settings Click on the Configuration button located ... 
- How to Set Category Default Unit in GemCloud?- Setting the default unit for each category in GemCloud is essential for maintaining consistency in measurements and pricing. This guide will walk you through the steps to set the Category default unit effectively. Step-by-Step Guide Step 1: Access ... 
- How to Set Sticker/Print Label in GemCloud ERP?- Introduction: Managing inventory effectively is crucial for any business, especially in industries dealing with valuable items like gemstones. One of the useful features of the GemCloud ERP system is its customizable sticker settings, allowing you to ...