The currencies set in your account determines what currency your opportunities and orders are shown in.
This is the default currency in which your opportunity, sales, and reports are calculated with.
Currencies can at most contain two decimals eg. 01.00
With multi-currency activated you can add more currencies in your opportunities, orders, and reports. These currencies have a currency rate that you can edit.
The master currency features is only available in Upsales packages: Plus, Max & Ultimate.
Here's how the currency rate works:
When adding a new currency the rate starts at 1. This means that one unit of the master currency is equal to one unit of the currency you are adding. This is probably not the case, and here's how to change this:
1 Sub currency = XX.XX Master currency
How many units of my sub currency is equal to my master currency?
When you know the answer, input the value in the sub-currency field.
Let's say your master currency is EUR and you want to add USD as a sub currency:
A Goole search for USD to EUR tells me that 1 USD equals 0.87 EUR right now. This is the number you want to input in the sub currency's currency rate field for USD.
Currency rates are changed manually by the administrators of your account.
Currency settings can be found in Upsales settings under Account. Viewing/editing currencies require administrator access.