SAP Business One

Currencies

A Sana web store supports multicurrency. This means that when a customer logs in to the Sana web store, he or she will see prices in his or her local currency.

Currencies setup

In SAP Business One use the Currencies - Setup window to manage the list of currencies. Click: Administration > Setup > Financials > Currencies.

Each currency can be made visible or invisible in the web store. For all currencies that should be used for the customers in the web store enter Y in the Visible in Web Store field. If a currency is not set to Visible in Web Store, it will not be used.

All currencies that are set to Visible in Web Store are indexed. If a currency is specified for a customer and it is set to Visible in Web store, a customer will see prices in the currency set in the business partner master data.

If you create any custom currency (nonstandard) it should be mapped to the ISO Currency Code. This is the standard code of the currency as defined by the International Organization for Standardization (ISO). If a custom currency is created and set up for a customer, Sana will use the one that is mapped in the ISO Currency Code field to comply with ISO standards.

Default currency setup

In SAP Business One click: Administration > System Initialization > Company Details > Basic Initialization.

Use the Local Currency field to set up the default currency. The local currency set in the company details is the primary currency that the company uses. It will be used if there is no currency set for the business partner.

Customer currency setup

In the web store a customer will see prices in the currency set in the Business Partner Master Data. To set up currency for a customer in SAP Business One click: Business Partners > Business Partner Master Data.

Sales agents do not have their own currency. The currency of a sales agent is determined by the represented customer.

Exchange Rates

In SAP Business One click: Administration > Exchange Rates and Indexes.

Use the Exchange Rates and Indexes window to set up exchange rates for the foreign currencies.

Exchange rates set in this window are used to calculate item prices for the customers from different countries and with different currencies.

See also:
Currencies - Setup Window
Business Partner Master Data: General Area
Exchange Rates and Indexes