( Latest versions: 2.9.3 Stable, compatible with Joomla 3.9.0+   &   0.9.3 Stable, compatible with WordPress 4+ )

How to properly set currency and exchange rate for Bundle / Single Property?

More
4 years 8 months ago #5818 by NivF007
For our resort, we operate in Canada and therefore and wish to set that as the 'base' currency.

I would just like to confirm the following for 'exchange rate'

Add Currency
• Currency name: Canadian Dollar
• Currency code: CAD
• Currency symbol: $
Exchange rate: 1

We assign the Canadian Currency to the Asset - and Canadian Dollars will always be our base currency - therefore, is it correct to assign the value of 1 to the exchange rate?

The tool tip (when hovering over 'Exchange Rate' in the Add New Currency admin) states "Exchange rate with Dollar [U.S. Dollar?]" so it's unclear.

Would love some guidance here.

Thanks so much for taking the time to review.

Niv

Please Log in or Create an account to join the conversation.

More
4 years 8 months ago #5821 by vietvh
Hi,

We assign the Canadian Currency to the Asset - and Canadian Dollars will always be our base currency - therefore, is it correct to assign the value of 1 to the exchange rate?


Yes you are correct.

The tooltip is somehow out of date and misleading, we will update it in v0.9.0 to avoid confusing.

Regards,

Please Log in or Create an account to join the conversation.

Moderators: solidres
Powered by Kunena Forum

All the things you need to make your work easier. Did you like Solidres?