We’ve had a few support tickets from folks in the United Kingdom, asking how to change the default currency in SpendMap from dollars ($) to pounds sterling (£).
The question usually comes alongside another question about how to set up Value Added Tax (VAT) as the default sales tax rate in the system.
So this blog post outlines the options for changing the default currency and taxes in the free version of SpendMap. I’ll use “pounds” and “VAT” as the examples, but SpendMap supports other currencies and taxes too, which you can set up in the Tax and Exchange Rates Master File.
Setup Wizard
First things first, I guess I should mention that you will be prompted to select your currency and default taxes during the Setup Wizard, which will run automatically when you log into your Live (Production) copy of SpendMap for the first time.
If for some reason you want to change the currency or taxes in the Evaluation copy of SpendMap (the sample data in the Evaluation copy uses dollars ($) and a generic tax code of “TAX 1”), or if you just missed that part of the Setup Wizard the first time you ran your Live copy, keep reading to learn how to change the default currency and taxes after-the-fact…