Enable Multi-Currency

Zumzum Financials Knowledge Base

    Overview

    Zumzum Financials processes transactions with multiple currencies. Each transaction will calculate the values in three different currencies:

    Foreign Amounts – fields with the prefix Foreign represent the transaction currency. Users will select a Zumzum Currency on each transaction.

    Company Amounts – fields prefixed with Company Amounts represent the Foreign Amount converted to the Company Currency defined on each Company (Zumzum supports Multiple Companies)

    Amounts – fields without any prefix represent the Foreign Amount converted to the Currency that  “Is Corporate” is ticked

    When you enable the Zumzum Multi-currency feature, each page in the user interface will allow the user to select a Zumzum “Currency”.  This essentially is the Transaction Currency, which will be converted to the other currency values.

    Enable Zumzum Multi-Currency

    Follow these steps to enable the Zumzum Multi-Currency feature

    1. Go to the Setup(Zumzum) tab.
    2. Click the Company Setup button.
    3. Select the Edit button.
    4. Tick the Multi-Currency Organisation.
    5. Click Save.
    in Multi Currency Settings Tags: Multi-CurrencySetup