> For the complete documentation index, see [llms.txt](https://kb.logicerp.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kb.logicerp.com/logic-erp-learning-hub-tutorials-and-best-practices/setups/set-other-account-details/setup-currency.md).
# Setup Currency
**YouTube:** [How to Set Up Currency and Exchange Rates?](https://www.youtube.com/watch?v=HHYXBnHV6cc)
## How to Set Up Currency and Exchange Rates?
In this tutorial, we will learn how to **set up currencies and define exchange rates in Logic ERP**, and understand how currency conversion works during billing transactions.
***
### Currency Master Setup
To begin, configure the currency master in Logic ERP.
* Navigate to the **Setup** from the main menu
* Go to **Other Account Details**
* Click to open the **Setup Currency** window
Add a New Currency
* Review the list of currencies already defined in the system
* To create a new currency, enter the following details:
* Currency Name
* Currency Symbol
* Country Name
* Currency Description
* Sub Description
* Multiply Factor (as required)
* After defining all details, click **Save**
***
### Defining Currency Exchange Rates
Once the currency master is created, define the exchange rate.
* Navigate to the **Setup** from the main menu
* Go to **Other Account Details**
* open **Setup Date-Wise Currency Exchange Rate**
* Select the following details:
* Country
* Currency
* Applicable Date Range
* Exchange Type
* Click **Refresh**
* Enter:
* Exchange Rate
* Conversion Value
* Click **Save** to finalize the exchange rate setup
***
### Enabling Exchange Rate in Sales Voucher
To apply currency conversion during billing, the exchange rate column must be enabled in the sales voucher.
* Open the **Sales Bill** window
* Go to **Sales Voucher Configuration**
* Select the required **Series**
* Navigate to **Other Settings – 1**
* Open **Column Locks**
* Enable the **Exchange Rate** column
* Save the configuration
***
### Using Currency Conversion in Sales Billing
Now, let’s see how currency works during an actual transaction.
* Create a **New Sales Bill**
* You will notice the **Exchange Rate** field is now available in the voucher
* Select the required **Currency**
* Enter the item details in the bill
***Note:*** As items are entered, the system automatically applies the conversion rate based on the exchange rate configuration defined earlier.
***
### Verifying Currency Conversion
* Open **View Totals** in the sales bill
* Review the currency conversion details
* All converted values will be displayed clearly for verification
***
### Conclusion
This completes the **Currency Setup and Exchange Rate Configuration in Logic ERP**, enabling accurate multi-currency transactions and automatic value conversion during billing.
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