Introduction to Multi-Currencies
Understand how multi-currencies work at organisation and project level
PSOhub can support multiple currencies for quoting, contracts, time and expense tracking and invoicing. By leveraging Multi-currency, you can:
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Define a base currency that is the accounting currency for your organization.
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Manage the exchange rate between your base currency and your active currencies.
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Assign a currency to a project.
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Use the project's currency for quotes, contracts, time and expense tracking and invoices.
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Display currency data in the project's and base currency.
Why do you need Multi-currency?
This functionality is intended for projects that are in a different currency than the base currency of your organization.
License plan
To have access to Multi-currency, you need to subscribe to the Growth Enterprise license plan.
CRM and Accounting support
Your CRM and accounting solutions should allow multi-currency and leverage the same currencies as PSOhub's Growth Enterprise license plan.
Please note that at this moment the multi-currency integration is only available for QuickBooks, Xero, Exact online and Twinfield.
The multi-currency integration with MoneyBird and Bexio is not available currently but is scheduled for a future release in Q2 2022.
Multiple organizations
If you are set up with multiple organization in PSOhub, you will be able to set the base currency per child organization as well as multiple currencies at the master and child level.