How to Update Exchange Rates in Bulk

Overview
Refresh all non-default currency exchange rates in one step.

Steps

1. Go to Settings > Currency Settings.

2. Click Add New Currency to open the form.

3. For each existing currency, click Edit.

4. Click Fetch latest exchange rate.

5. Click Save.

(Bulk-update button coming soon.)

Tips

• Schedule a weekly reminder to update rates if you have many currencies.

• Document historical rates for audit purposes.

Troubleshooting & FAQs

• Q: Rates didn’t update.

  • A: Your default-to-currency ratio may be locked; check Finance Settings > Currency Conversion.

• Q: Exchange rate field is read-only.

  • A: Check you are not editing the default currency (its rate is fixed at 1).