Billings Pro Help
Index

# How do exchange rates work?

For every currency you add in the preferences, Billings Pro displays the approximate exchange rate for the currency. The calculations rendered by Billings Pro are based on this approximate rate only. In reality, banks could be offering a different exchange rate and hence there might be some variations. Exchange rates are necessary to do the following.

- All Clients.

  Billings Pro displays the details/balance information for different clients using different currencies. Exchange rates are important to calculate the balance for different clients and translate them into your base currency. This conversion is only approximate as the final calculation may vary depending on the exchange rate used.

- All Slips.

  Billings Pro displays values in the "All Slips" view matching the currency used by the client. If you select a bunch of slips belonging to different clients, then Billings Pro uses the exchange rate to calculate the total amount in each currency type which is visible at the bottom of the application window. This conversion is only approximate as the final calculation may vary depending on the exchange rate used.

## See also

About the base currency

Working with multiple currencies