Money & accounts

Currencies and exchange rates

Your main currency, the other currencies you trade in, and how stones bought in dollars are valued in rupees.

How to

  1. Settings → Currencies. Your main currency is marked Main and always has rate 1 — reports and profit are counted in it.
  2. For every other currency, enter how much one unit is worth in your main currency: with INR main, USD might be 84 (1 USD = 84 INR). Update it when it moves.
  3. Choose a currency and its rate on each purchase, sale, memo and payment — the document keeps the rate it was saved with.

Good to know

  • Changing a rate here doesn’t change past documents.
  • A stone keeps its cost and selling rate in the currency it was bought in. Its cost in your main currency uses the purchase’s rate (what your books use); its selling value uses today’s rate.
  • Picking a dollar stone into a rupee sale fills in its selling price converted to rupees.
  • Read more: aviratsoftware.com/guides/multi-currency-books-diamond-trade.

Open this screen in Avirat →

Related

Still stuck? WhatsApp or call us on +91 97262 88072, or use Help & support inside Avirat — we’ll see the screen you’re on.

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