Multi-Currency

Every company has one native currency. By using the multi-currency feature, you can present the organization's financial statements in multiple currencies.

For example, a company based in the UK will likely use £GBP as its native currency, but the overall organization could present its financial statements in EUR or USD as the reporting currency.

Local Currency is generally used when loading data to Planful. Common Currency is generally used for reporting. For example, your local currency is the Mexican Pesos, but the company reports in USD. 

With Interim Currency, you can report on additional currencies other than your local and common currencies. Interim currency values are calculated for entities that have the same local currency and common currency.

Navigate to Maintenance > Multi-Currency and explore the options available under the feature.