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Base Currency

This setting in the System module is usually only used by the Dual-Base system, although it can also be used to define a default Currency if a simple conversion system is being used.

After entering the Currencies used in your business using the Currency register, you should specify those that are to be used as your two Base Currencies here. Usually, these will be your home Currency and the Euro or US Dollar. You will then enter an exchange rate between the two using the Base Currency Rates setting. Euro rules require that all transactions should be expressable in either Base Currency.

Double-click 'Base Currency' in the 'Settings' list in the System module to open the 'Base Currency: Inspect' window:

The example illustration would be appropriate for a voluntary user of the