How to set the Default Currency for a Legal Entity - NextGen

Modified on Fri, 16 Feb at 1:54 PM

This article relates to the Quadient AP NextGen UI, which is being released to our customers on a rolling basis. To learn more about the NextGen UI, please reach out to your Customer Success Manager.

Please Note: The currency for all Legal Entities is set to USD by default. A System Administrator with Root Org Unit access can set the correct default currency for each of your entities. 

Quadient AP's NextGen interface includes the option to specify your Legal Entity's default currency. This is the ISO Code that you will see in the Currency column.

If an invoice has a currency coded on the Header details, this will override the default currency. 

How to set a Legal Entity's default currency

Log into Quadient AP as a System Administrator with Root Org Unit access. In Settings, click Legal Entities. Select a Legal Entity from the list shown. 

In the Details tab, select the correct currency from the dropdown list and click Save. The following four default currencies are available at this time:

  • USD ($)
  • CAD (CA$)
  • Euro (€)
  • GBP (£)

Repeat these steps for all of your Legal Entities. 

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