FreshBooks is a popular accounting software that allows businesses to manage their finances and invoices. One of the key features of FreshBooks is its ability to handle multiple currencies, making it easy for businesses to work with clients from different countries. In this article, we will explain how to change currency in FreshBooks.
Step 1: Log in to Your FreshBooks Account
To begin, log in to your FreshBooks account using your email address and password. Once you are logged in, you will be taken to the dashboard where you can access all of the features of FreshBooks.
Step 2: Navigate to the Settings Section
From the dashboard, click on the gear icon located in the top right corner of the screen. This will take you to the settings section where you can customize various aspects of your FreshBooks account.
Step 3: Select Currencies
In the settings section, click on the “Currencies” tab. This will display a list of all the currencies that are currently enabled in your FreshBooks account. To add a new currency, click on the “Add Currency” button located at the top right corner of the screen.
Step 4: Enter the New Currency Details
When adding a new currency, you will need to enter the following details:
- Currency Code: This is the three-letter code for the currency, such as USD for United States Dollars or EUR for Euros.
- Currency Symbol: This is the symbol used to represent the currency, such as $ for dollars or € for euros.
- Exchange Rate: This is the current exchange rate between your default currency and the new currency. You can either enter a custom exchange rate or use the automatic exchange rate provided by FreshBooks.
Step 5: Save Your Changes
Once you have entered all of the necessary details, click on the “Save” button to add the new currency to your FreshBooks account. You can now use this currency when creating invoices and other financial documents.
Conclusion
Changing currency in FreshBooks is a simple process that can be completed in just a few steps. By following the instructions outlined in this article, you can easily add new currencies to your FreshBooks account and manage your finances more efficiently.
