1. Currencies

Currencies is the first step because every other balance later in the wizard needs a rate to translate into home currency.

What to enter

1. Confirm your home currency. It was set at sign-up; if it’s wrong, fix it now — once you commit later steps it locks.

2. Add each foreign currency you’ll trade in. Click Add currency, pick the ISO code (USD, KRW, EUR…), and give it a display label if you want a localized symbol.

3. Add a spot rate per foreign currency, with validFrom = your conversion date or earlier.

   نصيحة

   Set validFrom a year before your conversion date, not on the conversion date itself. The platform uses the latest rate where validFrom ≤ transaction date — if you set validFrom = conversion date, transactions you back-date earlier won’t see the rate and will throw HOME_RATE_MISSING.

4. Hit “Use platform rate” on later steps where a foreign opening balance needs a rate. The button reads the spot rate you just added and pre-fills it.

What happens on commit

Nothing posts to the GL on this step. Currencies and rates are stored in your company’s currency catalog and become available everywhere (vaults, counterparties, cars, invoices) from this point forward.

Editing later

You can add more currencies and rates at any time after migration via Settings → Currencies. Spot rates are versioned by validFrom, so adding a new rate doesn’t change historical translations.

Related

• Multi-currency & FX — how Export119 handles per-vault cost basis
• Step 2: Vaults — next step