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How to Add Foreign Currency

Feb 26 2026

How to Add Foreign Currency

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1. The first step is to open Cetec ERP and click Admin > Maintenance > Data Maintenance .
2. In the "name" search bar, type in "currency" and click Submit.
3. Click into the Currency table.
4. Click add record.
5. Add in your currency abbreviation. Examples: EUR, JPY, GBP, CAD, CNY.
6. Add in the currency sign.
7. Add a description. Examples: Euro, Japanese Yen, British Pound, Canadian Dollar, Chinese Yuan .
8. Type in your Default Cash Account ID and Default Undeposited Funds Account ID.
9. Add in your Remit Address ID. Note: this value should correspond to the ID of the location (LNAME table) that you want customers to remit payments of this currency to.
10. Add in your bank instructions. Note: Specify instructions that will appear on the invoice PDF.
11. Click Submit
12. If you need exchange rates, set them up in your Currency Rates table (Admin > Maintenance > Data Maintenance) for each active currency you have. Cetec ERP will run a daily script to update those exchange rates per the global exchange rate database.