You should record Deals in a foreign currency when you are working on jobs taking place abroad. Price Lists are used for adding Products to such Deals.
In this article, we will explain:
- how to create a Deal in a foreign currency,
- how to add Products from a Price List to a Deal,
- how to create a Quote and Sales Order in a foreign currency,
- how to change the currency of an already existing Deal.
Creating a deal in a foreign currency
To create a Deal in a foreign currency, select Business » Deals in the left menu and then click on the green plus.
In the dialog box, select the desired currency by opening the drop-down menu with the currency symbol. Fill in the other information and Save.
If you need to add another currency to the list, click on You can edit items here » Add another item. Save the currency by clicking on the checkmark.
Adding products from a price list
To add Products in a foreign currency to a Deal, you always need to add Products from a Price List. It is therefore necessary to first create a Price List in the given currency and add Products to it. You can find out how to do it in this article.
On the Deal detailed card, in the Products panel, click the three dots » Add Products from Price List » select the Price List and then the Product.
You can also add an item without categorization to a Deal. Just click on the three dots again » Add Item (without Categorization). The item without categorization will automatically be in the same currency as the Deal.
Creating a quote or sales order in a foreign currency
If you need to send a Quote or Sales order in a foreign currency to a client, you can easily create it directly from the Deal detail by clicking on the Add Quote or Add Sales Order button. You can also synchronize the Quote or Sales Order with the Deal. Find out how synchronization works here.
Changing the currency of an already existing Deal
The currency can be changed for an already existing Deal as well. The only condition is that the Deal does not have any Products included in it and is not synchronized with a Quote or Sales Order. The change can be made on the Other Information tab. You can also easily edit the currency exchange rate here.