Currency Settings

Configure multi-currency support for international expense tracking.

Accessing Currency Settings

1. Click Admin in the sidebar
2. Click Currency Settings
3. Configure currencies and exchange rates

Admin Role Required

Only organization Admins can configure currency settings.

Base Currency

Your organization's primary currency for reporting and reimbursement.

Setting Base Currency

1. Select currency from dropdown (e.g., USD, EUR, GBP)
2. All reports and totals display in this currency
3. Reimbursements paid in base currency

Changing Base Currency

Changing base currency after expenses exist may affect historical reporting.

Enabled Currencies

Add currencies employees can use when submitting expenses.

Adding a Currency

1. Click Add Currency
2. Search or select from list
3. Currency is now available for expense entry

Common Currencies

Currency	Code	Symbol
US Dollar	USD	$
Euro	EUR	€
British Pound	GBP	£
Canadian Dollar	CAD	C$
Japanese Yen	JPY	¥
Mexican Peso	MXN	MX$

Exchange Rates

Rate Sources

Source	Description
Automatic	Updated daily from market rates
Manual	Enter custom rates
Fixed	Locked rate for budget predictability

Automatic Rate Updates

When enabled:

• Rates update daily at midnight UTC
• Uses reliable market data sources
• Historical rates preserved for past expenses

Manual Rate Entry

1. Click the currency to edit
2. Enter custom exchange rate
3. Set effective date
4. Click Save

Viewing Rate History

1. Click a currency
2. Select Rate History
3. View historical exchange rates
4. Filter by date range

Multi-Currency Expenses

How Employees Submit

1. Create new expense
2. Select currency from dropdown
3. Enter amount in original currency
4. System shows converted amount

On the Receipt

When viewing expenses:

• Original amount and currency displayed
• Converted amount in base currency shown
• Exchange rate used is recorded

Reimbursement in Foreign Currency

Default Behavior

All reimbursements are in base currency (converted amount).

Enabling Foreign Currency Payouts

If Stripe supports the currency:

1. Toggle Allow Foreign Currency Reimbursement
2. Employee receives amount in expense currency
3. Reduces conversion fees for employees

Currency Formatting

Regional Preferences

Region	Format Example
US	$1,234.56
EU	1.234,56 €
UK	£1,234.56

Setting Format

1. Select Number Format preference
2. Choose decimal separator (. or ,)
3. Choose thousands separator (, or .)
4. Currency symbol position (before/after)

Best Practices

1. Enable only needed currencies - Reduces confusion
2. Use automatic rates - More accurate than manual entry
3. Document rate policies - Clarify which rate applies when
4. Review monthly - Check for rate anomalies
5. Base currency = payout currency - Simplifies reimbursement

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Next: Per Diem Settings →