Managing currencies and costs

currency settings the currencies & costs page lets you manage the currencies used by your organization, as well as set up currency defaults and cost multipliers the features within this page help make managing currencies and costs a transparent and visible process currency rates are populated using currencylayer https //currencylayer com/ is an api service that provides updated and accurate currency data for use with charthop conversion rates are updated on the first of each month in the currencies section, you can add and delete multiple currencies, set a default currency, view the currency rates being used (as well as their source), view past currency rates, and set custom currency rates for your organization in the smart currency defaults section, you can set smart defaults for how currency is applied to monetary values without a defined currency in the costs section, you can add a cost multiplier that is applied to all your headcount costs https //www charthop com/pricing/ basic basic | | headcount planning headcount planning | compensation reviews compensation reviews | performance performance | engagement engagement | hris