With multiple currencies in Rackbeat, you can work with different exchange rates across both purchasing and sales. This makes it easy to trade with customers and suppliers in currencies other than your default — without losing track of amounts and exchange rates.
Rackbeat includes the most commonly used currencies by default, and you can easily add more when needed. All currencies follow the ISO 4217 standard, so you’ll always work with familiar and standardized currency codes.
Automatically updated exchange rates
Exchange rates are updated regularly, so you can work with up-to-date values in your transactions.
This means you can create purchases, quotes, and sales using accurate exchange rates — without having to maintain them manually.
Fixed exchange rates — when you need full control
If you work with agreed fixed rates or want stable pricing over a period of time, you can choose to lock an exchange rate so it won’t update automatically.
This is especially useful if you:
1. work with fixed contracts
2. have longer sales processes
3. want to avoid fluctuations in pricing
Exchange rates are locked when documents are created
When you create an invoice, order, or quote, the exchange rate is set at the time of creation.
This ensures consistent calculations and helps keep your documentation stable over time.
