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Changing the default currency
- Subject: Changing the default currency
- From: John Bell <..hidden..>
- Date: Sat, 25 Apr 2009 09:51:49 +0300
How easy is it to change the default currency of an existing installation?
I'm setting up LSMB for an Estonian company. At the moment, the accounts
would be in Estonian Kroon (EEK). At some point in the next 2-3 years
the national currency will change to the Euro. The exchange rate of EEK
is pegged to the Euro which simplifies things a little. We also do our
export pricing in Euro.
Which is easier:
a) Start off in EUR and live with a little hassle in the short term
b) Start off in EEK and switch when the national currency changes
My gut feeling would be (a)