Invoices/Manage currencies

Manage currencies

Loading last updated info...

When you use TimePro for invoicing international clients, sometimes you need to issue invoices in different currencies than your default one. Here is how you can set it up.

Here's how to find the Currencies setting:

  1. In the menu, go to Admin | Invoice Settings
  2. Scroll down to the Currencies section

ImageFigure: Currencies section in Invoice Settings

Activate multiple currencies

There are a few currencies out of the box that you can activate immediately e.g. $ USD, $ AUD, € EUR, etc. If you need additional currencies outside the list, please contact support for assistance.

To activate a new currency,

  1. Put an Exchange Rate value for that currency
  2. Click Save at the bottom

ImageFigure: Activate Chinese Yuan by putting a “7” in the Exchange Rate field

This exchange rate is determined by your company and reflects how currencies are converted internally in your system. When you change the currency used for an invoice, this is the ratio by which the numbers will be converted. For instance, in the figure above, 1 USD = 7 CNY.

Choosing currencies for your invoice

Now you can use all the activated currencies on your invoice.

  1. In the menu, go to Invoices | New Invoice
  2. In the Invoice Currency field, choose a currency for your invoice

ImageFigure: Choose from activated currencies