Three sets of currencies need to be set in the Currency Setup popup: the Lead Currency, the Reporting Currencies, and the Included Currencies. The Lead Currency is the currency that all exchange rates are entered from. The Reporting Currencies are the currencies used for reporting. The Included Currencies are the currencies that the Lead Currency is converted to. The Included Currencies must include all reporting currencies and all company’s local currency. If a new company is added to ApliqoFPM that transacts in a currency that is not an Included Currency, then the Currency Setup must be rerun, and the new currency added to the Included Currencies.

Currency Setup Popup

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1. Select the Lead Currency from the drop-down menu.

2. Add any Reporting Currencies. Click on the Add… icon. Pick the reporting currency to be added and set as 1. Click on the OK button.
   

   

   
   To remove a Reporting Currency, click on the edit icon next the reporting currency to be removed and change the 1 to 0.

3. Add any Included Currencies that are not already set as an included currency. Click on the Add… icon, pick the included currency to be added and select 1. Click on the OK button. To remove an Included Currency, click on the edit icon next to currency to be removed, change the 1 to 0 and click on the OK button. Some included currencies can not be removed because that currency is an existing company’s local currency or is a reporting currency.

Once all the currencies have been set, click on the Next button to update ApliqoFPM with the currency setup. When finished the Currency Setup popup can be closed.