BigTime’s multi-currency for billing and invoicing feature makes it possible for your firm to use any foreign currency (or currencies) you’d like when sending bills or invoices to clients. There’s no limit on the number of currencies your firm can use – but if you’d like to start using currencies other than your home currency, you’ll have to add each one individually. To do so, follow the steps below.
NOTE: This article assumes that you’ve already activated Multi-Currency for Billing and Invoicing, and that you have also already set a base currency.
1. Go to your currency settings by clicking MY COMPANY…CURRENCY from your main navigation toolbar.
2. If you have multi-currency for billing and invoicing enabled, you’ll see a button at the bottom of this window labeled ADD CURRENCY. Click this button to add a new currency.
3. After you click this button, a dialog box will appear prompting you to select a currency. You can either search for your chosen currency by typing its name into the text box, or by clicking the GRAY ARROW and scrolling through the picklist that appears.
NOTE: All currencies located on this picklist are pulled directly from xe.com, along with their corresponding exchange rates on the day you add them. This is to give you a baseline exchange rate to start with. If you want to change that exchange rate at a later date, you will need to do so manually.
4. Once you’ve chosen your currency, click the blue SAVE button at the bottom of your pop-up window. Your new currency will now appear on your list of active currencies.
If you’d like to make edits to your newly added currency, you can click its hyperlinked name to open the EDIT CURRENCY window.
Here, you’ll be able to make edits to your currency’s exchange rate. You can also mark your currency as inactive, or link it to a currency in your accounting system if need be. To learn more about you currency editing options, read the articles below: