Currencies – ISI

Aurea CRM allows you to use multiple currencies in parallel.

Values in different currencies are converted using the exchange rate table, see Exchange Rate.

There are three types of currencies:

  • Record currency: The currency entered in a record, e.g. an opportunity or offer.
  • User currency: The currency you have chosen in your user settings under (Settings) > User Configuration > Handling tab, Base Currency field.
  • Corporate currency:System-wide currency that can be used to convert currencies in records to allow values to be compared in the same currency in analyses, reports etc. When adding a new record, the currently valid exchange rate is transferred from the Exchange Rate info area and used to convert values to the corporate currency. The Exchange Rate field is not updated automatically when the exchange rate changes.

    Values in the corporate currency (i.e. in corporate currency fields) are updated in the following cases:

    • Whenever the value in the referenced field (i.e. the value in the record’s currency) is edited
    • The currency entered in the record is changed
    • Whenever the exchange rate entered in the record is updated
    • Whenever the exchange rate entered in the record is deleted. The current exchange rate is transferred from the Exchange Rate info area in this case.
    • If you select Transfer exchange rate from table from a record’s context menu. The current exchange rate is transferred from the Exchange Rate info area in this case.
    Note: Changes to the exchange rate in the Exchange Rate info area are not automatically applied to existing records.
Note: The corporate currency is available for opportunities, offers, orders, properties, service offers, service reports etc.

Exchange rates and the corporate currency are maintained by your administrator. Your administrator can also determine that a specific currency is entered by default whenever you add a record.

Example:

You have defined CHF as your user currency and your corporate currency is EUR. You add an opportunity with amounts entered in USD, and enter 100,000 in the Total product value field.

The following exchange rates are valid when adding the opportunity:

Values in the Currency (record currency), User Currency and Corporate Currency are displayed on the Additional Currencies tab:

The date on which the exchange rate was transferred from the Exchange Rate info area is displayed in the Exchange Rate Date field.