# Configure currencies

Add a currency to your organization so purchase and service orders can be issued in it.

Source: https://support.toolingmetrics.com/en/admin/guides/configure-currencies/
Updated: 2026-10-29

**Prerequisites:** None.

**Required permission:** Admin Center access (organization owner or a member of the `<org-name>-admins` group).

Every organization starts with USD as its base currency. To place orders in a different currency, add that currency to your organization first.

## Add a currency

1. Click your organization name at the bottom of the sidebar → **Manage Organizations**, then open your organization.
1. In the admin sidebar, click **Currencies**.
1. Click **+ Create**.
1. Enter the **Code** (a valid three-letter ISO 4217 code, e.g. `EUR`), **Name**, **Symbol**, **Symbol Position**, **Decimal Places**, and **Number Format**.
1. Click **Create**.

A newly added currency has no exchange rate yet — see [Update an exchange rate](https://support.toolingmetrics.com/en/admin/guides/update-exchange-rate/) to add one before using it on a real order. You can select the currency on a vendor or purchase order form before a rate exists, but a purchase order in that currency can't be confirmed until it has a rate dated on or before the confirmation date.

## Change the base currency

The base currency is not set on a Currency record — it's an organization-wide setting.

1. In the admin sidebar, click **Preferences**.
1. Under **Regional settings**, open the **Currency** dropdown.
1. Choose from currencies already added to your organization.
1. Click **Update**.

The base currency's own rate is always 1 and cannot be edited.

## Notes

- To add an exchange rate for a currency, or update one later, see [Update an exchange rate](https://support.toolingmetrics.com/en/admin/guides/update-exchange-rate/).
- The base currency has no **Delete** button. Other currencies can be deleted, so double-check before deleting any currency in active use.