Configuring financial settings

in the general tab, you can configure information about financial preferences including fiscal year, currencies, cost multipliers, and stock valuations financial settings to configure your organization's general settings from the left sidebar, select admin from the sub menu, select financial enter your company financial preferences in the following sections in the general section fiscal year starts the month on which your organization's fiscal year begins in the currencies section add additional currency select additional currencies as your organization needs them default currency the default currency when currency is not specified in imported data built in base and variable field currency overrides options to override the currency default for specific conditions when importing data cost multiplier custom multiplier for approximating true headcount costs across the organization in the stock valuations section equity grant types the types of grants your organization supports and options to rename them valuation history manage and configure your stock options for your organization's employees, determine the strike price for option grants, and establish amounts to be allocated for fundraising events select save settings to save your changes default cost basis admins can set an organization wide default cost basis under settings > financial it is the cost measurement used by any budget that has not chosen its own basis system default (total cost over period) budgets are measured over their date range charthop prorates each person's run rate across the budget's start and end dates, month by month, and counts open roles only from their planned start date annualized budgets show the ongoing yearly run rate, regardless of how long the budget runs individual budgets can override this setting from the budget's cost basis field scenarios always stay annualized and are not affected by this setting for a full explanation of how cost basis works and how to configure it per budget, see cost basis https //docs charthop com/budgets#cost basis on the budgets page modules https //www charthop com/pricing/ \<font color="#000000"> hris | \</font> engagement | goals | performance | \<font color="#000000"> compensation reviews | \</font> headcount planning