The Currency module manages all currencies that your system use (or can use). The
module functions are the following:
- currency management;
- maintaining price display formats for each currency;
- currency rate storage (including downloading rates from the Internet).
module is required by the Commercial Catalog
The on-line store on your site may happen to sell foreign goods. As a rule, the price for
such items is calculated using the purchasing price. The latter is usually set in a foreign
currency. However, the legislation requires that calculations of all trading operations be
accomplished in the home state currency. The Currency module is used to simplify
operations with such items and their prices.
Prices can be specified and displayed in any of currencies available in the system. However,
payment documents (receipts etc.) will have all values specified in the base system currency at
the current rate.