Accounting Currency Fields

Here is a description of the fields that make up an accounting currencyClosed The currency in which your company does business. A company can have more than one accounting currency..

Note:

In single-currency modeClosed State in use when your Salesforce CRM organization is not enabled for multiple currencies., a single accounting currency record is automatically created for you when you activate your organization's first company. When this accounting currency record exists for a single-currency organizationClosed An organization that is not enabled for multiple currencies. If you are unsure, contact your Salesforce administrator., you cannot create new accounting currency records.

Key: R – Read-only in all contexts; * – Mandatory field

Field   Description
Currency * List of active currencies defined within the underlying Salesforce platform. A new accounting currencyClosed The currency in which your company does business. A company can have more than one accounting currency. must have a corresponding active currencyClosed The currencies in which your Salesforce CRM organization does business. Sometimes called "organization" or "org" currencies..
Decimal Places * Number of decimal places to which values in this currency are expressed.
Dual   The currency in which your corporate headquarters reports. All documents and transactions must balance in this currency. You cannot post any documents until a dual currency is designated for the current companyClosed The company in which you are working. This is represented by the company queue to which you, and new instances of objects you create, are assigned..
Home   The main working and reporting currency of the company. Serves as the basis for all currency exchange rates. It is not possible to create exchange rates for this currency. All documents and transactions must balance in this currency. You cannot post any documents until a home currency is designated for the current companyClosed The company in which you are working. This is represented by the company queue to which you, and new instances of objects you create, are assigned.. When you set or change a company's home currencyClosed The main working currency of the current company., information about the company (including its home currency and its exchange rates mode) is published to Foundations.
ISO Code * ISO codeClosed The International Organization for Standardization code. Used to represent both countries and currencies. of the accounting currency.

Button

Button Description
Apply Exchange Rates If relevant org-wide exchange rates already exist when you create a new accounting currency in a company that uses org-wide exchange rates, these rates can be automatically applied. A warning is displayed.