Currency Types
| Type | Description |
|---|---|
| Document Currency (DC) | The currency used on the input document transaction: for example, voucher currency or deposit currency. |
| Base Currency (BC) |
The common currency used across all transactions in the system regardless of the company. It is calculated by the transaction processor. When currency exchange and currency revaluation rates are used to calculate other currency values based on triangulation, the base currency is used as the basis for conversion. For more information, see Currency Revaluation. The base currency is used for reporting purposes, especially in consolidated reporting. |
| Company Currency (CC) |
The currency used by the company. It is calculated by the transaction processor. The company currency is used on reports for the company (e.g., Balance Sheet). On some input documents, the company currency is used as the default document currency. |
| Project Currency (PC) |
The currency used on the project. It is also used as the document currency on bills created from the project billing process. The project currency is used for reporting purposes. |
| Transaction Currency (TC) | The currency is used for input document transactions that could be entered in multiple currencies for a single document: for example, in unit or expense entries. |