*Title: Multiple Currency Support
*Slug: currency

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In activeCollab you can use multiple <{term}>Currencies<{/term}> that you can use when setting <{page name="budget-tracking" book="projects"}>Project Budget<{/page}>, or when you are <{page name="creating-invoice" book="invoicing"}>creating an Invoice<{/page}> for your Clients.

To setup Currency that you wish to use visit <{option}>Admin > Currencies<{/option}> and a pop-up with built in currencies will appear:

<{image name="currencies.png"}>

The default currency will be marked with a blue dot, and you can change it at any time.

<{note title="Quick Tip"}>Default Currency will be set when you are creating an <{term}>Invoice<{/term}>, setting <{term}>Project Budget<{/term}>, or <{term}>Hourly Rates<{/term}>. You can choose to use some other Currency from the list you have created at any time.<{/note}>

To set more available currencies, you can use <{option}>New Currency<{/option}> button. When adding a new currency you need to set:

- <{option}>Name<{/option}> of that currency (Australian Dollar, for example)
- <{option}>Code<{/option}> that is used to mark it (AUD),
- <{option}>Number of Decimal Spaces<{/option}> usually used for this currency,
- <{option}>Decimal Rounding<{/option}> that you wish to apply. You can choose between "No rounding", "0.05", "0.10", "0.50" and "1.00" values.