Company Currencies Overview

Accolade uses the following currency types:

• Corporate Currency - The currency in which your company keeps its financial records and conducts corporate transactions. This currency is typically set once during installation.
• Project and Report Currencies - All currency values are stored in terms of the corporate currency. However, you may have multiple offices and projects within your company that track costs, estimates, and other financial information in the project's local currency. To enable Accolade to convert back and forth between the corporate currency and the project currencies, for example, in project-level reports, create a conversion table containing the conversion factors for each currency you use.

If all projects use the corporate currency as their local currency, you do not need to create a conversion table.

See the following to get started:

• Defining the Currencies Used in Your Company
• Creating MS Excel Reports in Project Currencies
• Assigning How Select Metadata Displays in Projects