Questions about implementing the dynamic currency conversion plugin

Answered

Comments

1 comment

  • Avatar
    Takashi Binns

    Hi Todd, the dynamic currency conversion plugin does assume your data is stored in a base currency.  Even if the raw data is stored in a local currency, it's usually possible to convert it all to a base currency so that aggregations across currencies makes sense.  Once the data is in a base currency, then this plugin converts all your data from that base currency into a currency of your choosing.  The currency type field is an optional piece, which allows you to have multiple exchange rates.  For example, when forecasting future time periods you may want to have a 'best case', 'estimated', and 'worst case' exchange rates for each currency.

    thanks!

    -Takashi

    0
    Comment actions Permalink

Please sign in to leave a comment.