Multicurrency: Enable Multicurrency

After you verify that the organization currency is correct, a system administrator must enable Multicurrency. When you enable Multicurrency, you select whether to use the base amount or transaction amount to calculate the organization amount. For information about the different types of currencies, refer to Multicurrency: Currency Types.

Note: You must have the Multicurrency product flag unlocked before you can enable Multicurrency in the program. For information, contact Support at BEsupport@blackbaud.com.

When you enable Multicurrency, the program creates a default currency set for your organization. A currency set is a group of currencies that users work with on a daily basis. Each set includes a base currency and one or more transaction currencies.

Warning: After you enable Multicurrency, you cannot edit the currency type (either base or transaction) used to calculate the organization currency amount.

You can enable Multicurrency from Administration after you install or upgrade your database. If you do not have this feature, the Enable multiple currencies task does not appear.

  1. From Administration, select Organization currency setup. The Organization Currency Setup page appears.

  2. Under Tasks, select Enable multiple currencies. The Enable multiple currencies screen appears.

    Note: The Organization currency display shows your organization’s default currency, which is based on the Microsoft Windows Regional and Language Options settings on the server where you install the database. For information about how to configure the organization currency, refer to Multicurrency: Organization Currency Setup.

  3. To enable Multicurrency, select Yes, enable multiple currencies.

  4. At the bottom of the screen, select whether to use the base amount or transaction amount to calculate the organization amount. For information about the types of currencies used with Multicurrency, refer to Multicurrency: Currency Types.

    Warning: When you enable Multicurrency, the Organization currency setup task no longer appears in Administration. To view and manage your currency settings, select Currency from Administration.

  5. Select OK.

    The program automatically creates a currency set that includes the organization currency as the base currency and transaction currency. For information about currency sets, refer to Multicurrency: Currency Sets.