Manu Online is a multi-currency system. When orders and invoices are entered to the system the current currency rate between the order currency and the home currency of the "principle" company is set automatically. It can be viewed from the header of the forms.
Enabling currencies in your Manu Online account
First check that the Multi Currency license is enabled in your licensing section (Most accounts have the Multi Currency extension available but it might need to be enabled.)
See the licencing article.
Secondly enable the individual currencies that you wish to use in your organisation. See the currencies section of system settings. In System settings, open the popup for Currencies and rates. If the currency you wish to use is not listed then add it to the top row and press Save. The column on the right should be checked if it is use - this controls if it is available in dropdown lists throughout the system. As described below, rates will be obtained in realtime.
After saving, go to a Partner card and check that the correct currencies are listed in the drop down list bottom right of the Contact info tab.
When new orders are entered for this partner, then this currency will be the default.
Where does the currency rate come from?
The rate is retrieved from an external provider called xe.com The rate is retrieved when the e.g. sales order created. The rate is the day rate for the currency.
When is the currency rate set?
The currency rate is set when the currency is selected in an order. This normally happens when the partner is selected because this comes from the default on the partner card.
Can the currency rate be set manually?
The rate can be set manually. But note on purchase orders a new rate will be set for landed cost when the goods are received.
Exporting invoices to an external accounts system
Normally the rate mechanism of the accounts system will be used.
Currency rates in the Multi Company Edition
If your account is the Multi Company Edition, each company has its own home currency. The home currency is set when the company is added to the system and must not be changed after going live.
In this way there can be many "home" currencies in a system.
Inventory valuations are always in the home currency of the company to which a stock location belongs.