Currencies in Costpoint

This topic discusses how currencies are used in Costpoint.

You can run Costpoint in any currency. You can maintain currency information and choose which currency will be your functional currency of the system. You can run Costpoint in any country in the world using the currency with which business is primarily conducted in that country.

During Costpoint setup, you can customize the following:

• Currency name displayed on screens and printed on reports
• Format of currency amounts
• Formats of dates, times, and numbers

These settings apply throughout Costpoint.

This topic covers:

• How data is formatted in a multicurrency environment
• How to prepare Costpoint to run in any currency
• How the Costpoint screens and reports use the currency settings
• Special types of data
• How currency data is stored in the Costpoint database
• Error messages