Currency and rates
Billing currencies, RMB costs, market rate fill, and when rates lock.
Export trading in Exreach uses more than one currency on purpose.
| Currency | Typical use |
|---|---|
| RMB (CNY) | Factory prices, supplier payments, China shipping, many operating expenses. Often the workspace base currency. Also a document billing currency (rate is 1). |
| USD | Default document billing. Catalog tip prices. Opportunity estimates. |
| Other billing currencies | Same list as bank accounts (for example EUR, GBP, JPY). Same commercial rules as USD after you send. |
| Bank currencies | Any currency you enable on an organization bank, for Books and exchange. |
Documents
Each quotation, invoice, and project stores a billing currency and one rate: RMB per 1 unit of that currency. A USD document stores RMB per dollar. A EUR document stores RMB per euro. A CNY document uses rate 1.
You can change currency only in draft. If the draft already has lines, Exreach asks you to confirm, then converts billing amounts so the RMB total stays the same. Factory RMB does not change.
If there is no market rate for the currency, the rate field clears. Type RMB per 1 unit. Line prices convert when that rate is entered. Save stays blocked until the rate is greater than zero.
Yen, won, dong, rupiah, and forint show no cents. Other currencies show cents.
After sent, currency and the rate lock. Projects copy both from the invoice. Close uses that locked rate.
Market rate
The rate field has a market button. It fills RMB per 1 unit of the document currency. You must save. A refresh never overwrites a rate already saved on a quotation, invoice, project, or Books row.
If the market feed is down, you can still type a rate.
Sourcing line math (user view)
- Unit price is the customer price in document currency. It is the billing source of truth.
- Price RMB is unit price times the document rate (RMB per 1 billing unit).
- Change commission or factory cost to push unit price. Change unit price to pull commission.
On a project, sell-side unit price is locked. You still edit factory and ops fields until close.