How to Set Up Multi-Currency Rates

Overview

If you pay staff in more than one currency, payroll needs up-to-date exchange rates to convert amounts correctly.

Steps

1. Open Settings > Currency Rates.
2. Add the currencies you use and update the rate manually, or fetch the online rate.
3. Every rate change is logged so you have a history.
4. Payroll uses the current rate when converting amounts.

Tips

• Refresh rates before each run if currencies move a lot, to keep pay accurate.