Exchange Rate Overview

Exchange rates are season-specific and can be amended in your General Settings. They are used to:

• Convert sales orders in foreign currencies into your base currency.
• Convert Make/First costs and Raw Materials unit cost in foreign currencies into your base currency.
• Convert Purchase Order values in foreign currencies into your base currency.
• Convert Production Order values in foreign currencies into your base currency.

Tip: When creating a new season, it is important to update exchange rates in your General Settings to ensure accurate currency conversions for the season.

#When you create a new season, go to the Exchange Rates tab and update the seasonal exchange rate

Tip: By default, the exchange rate from the previous season will be carried over automatically.

#The exchange rate entered in your Season Settings will impact

#Sales Orders - the Sub Total in your base currency on List View and in the Reports module

#Purchase Orders - the Sub Total in your base currency on List View and in the Reports module

#You can amend the exchange rate for individual Products

Or you can do it in bulk using the Product Costings > Exchange Rate:

• Product Costing - Exchange Rates

#You can also amend the exchange rate for individual Raw Materials

Or you can do it in bulk using the Raw Materials > Exchange Rate:

• Raw Materials - Exchange Rate