Currency
Defines the currencies transactions and accounts can be recorded in.
What it does
Manages the currencies available across the system, each with its own exchange value used when a transaction is recorded in a currency other than the base one.
How it works
Maintain currencies and rates
Add the currencies the business actually deals in, and keep their conversion values current.
The problem it solves
A business that buys, sells, or banks in more than one currency needs every transaction to carry a defensible exchange rate — this is where that rate comes from.
Part of the domain
📒 AccountingEvery sale, purchase, payment, and payroll run lands here as a balanced entry — automatically.