Default currency

Default currency

Guide for setting the customer's default currency on the customer card

TABLE OF CONTENTS

• Setting the default currency
  • Value added tax
  • Exchange rate

Setting the default currency

The purpose of setting a default currency on a customer is to always be able to invoice the customer in the correct currency.

Value added tax

Foreign customers are exempt from VAT, and if you set a currency other than the default, 'VAT exemption' should also be ticked on the customer card.

If orders are to be invoiced in a currency other than NOK to a company in Norway, VAT is kept.

Exchange rate

The exchange rate used is a floating rate in the desired currency.

It is possible to lock the currency at a fixed rate; this is done by the system administrator.

NOTE: Currency support must be enabled to set a currency other than NOK. Contact Telaris support for questions and activation.

Guide: Override sales price in currency