Enable Multicurrency

When only one currency is enabled, you have the option to enable the Multicurrency feature. You must enable the Multicurrency feature before you configure individual currencies for use with Multicurrency.

To enable multiple currencies:

  1. In the Navigation pane, select Settings > Currency > Options.
  2. On the Currency Options form, click Enable Multicurrency.
  3. On the Password dialog box, enter your password and click OK.
  4. On the Enable Multicurrency dialog box, select your functional currency.
    Typically, this is the currency in which cash is generated and expended by the company. For example, a company located in France would normally use the euro as its functional currency. Once established, the functional currency cannot be changed.

    If your firm uses multiple companies, this is the functional currency for the active company.

  5. Click Enable.
  6. In response to the confirmation prompt, click Yes to continue the process.
    Vantagepoint then:
    • Makes the selected currency the functional currency.
    • Displays all available currencies on the Currency Options form.
  7. Click Save.