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Multi-Currencies in PSOhub: What They Are and How They Work

Understand how multi-currency support works in PSOhub at organization and project level

Published: 1 June 2026

Audience

  • Admin

  • Controller

Objective

Understand what multi-currencies are in PSOhub, when you need them, and how they affect quotes, contracts, time tracking, expenses, invoicing, and reporting.

Introduction

Multi-currencies in PSOhub allow your organization to work with multiple currencies across projects, quotes, contracts, and invoices — while maintaining a single base currency for internal accounting and reporting.

This is particularly useful for organizations that deliver projects for clients in different countries or that operate across multiple regions with different local currencies.

Base Currency and Active Currencies

Every PSOhub organization has a base currency. This is the accounting currency for your organization — the currency used for internal financial reporting, cost tracking, and consolidated data.

In addition to the base currency, you can activate one or more additional currencies. These active currencies can be assigned to individual projects and used for all financial activity on those projects.

For each active currency, you define an exchange rate relative to the base currency. PSOhub uses this rate to convert project-level currency data into base currency values for reporting and financial analysis.

How Multi-Currencies Work in Practice

When a project is assigned a currency that differs from the base currency, all financial data on that project — quotes, contract values, time entries, expenses, and invoices — is recorded in the project currency.

PSOhub displays financial data in both the project currency and the base currency, giving you visibility at both the project level and the organizational level.

The typical flow looks like this:

Base Currency Defined → Active Currencies Configured → Exchange Rates Set → Currency Assigned to Project → Quotes, Contracts, Time and Expenses, Invoices in Project Currency → Reporting in Both Currencies

What Multi-Currencies Apply To

Multi-currencies apply across the following areas of PSOhub:

  • Quotes — quotes are created in the project currency
  • Projects — contract values and budgets are recorded in the project currency
  • Time and expense tracking — entries are recorded in the project currency
  • Invoicing — invoices are generated in the project currency
  • Reporting — financial data is available in both the project currency and the base currency

License Requirement

Multi-currency support requires the Enterprise license plan. It is not available on lower-tier plans.

📌 Note: For information on license plans and pricing, visit psohub.com/pricing.

CRM and Accounting Integration Support

Your CRM and accounting systems must also support multi-currency for the integration to work end-to-end. Make sure the currencies you activate in PSOhub are also enabled in your connected systems.

Multiple Organizations

If your PSOhub environment includes multiple organizations — a master organization and one or more child organizations — you can set a base currency per child organization. Active currencies can be managed at both the master and child organization level independently.

Next Steps

✅ Set up multi-currencies for your organization Configure your base currency, add active currencies, and set exchange rates so your projects can use the correct currency. How to set up multi-currencies in PSOhub

✅ Assign a currency to a project Learn how to select a currency when creating or editing a project in PSOhub. Create a project in PSOhub

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