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Currency Rates Settings

Purpose

This article explains how Admins configure Currency Rates in the Thulo Logistics Module.

Currency Rates allow the system to convert logistics charges into different currencies when generating invoices, supporting multi-currency billing and international operations.

Who This Is For

  • Admins

  • Finance / Accounts Managers

  • Operations Managers

Required Permissions

  • Logistics → Settings → Edit

  • User Management → Admin access

What Currency Rates Are Used For

Currency Rates are used to:

  • Convert invoice amounts from the default system currency

  • Support billing in multiple currencies

  • Ensure consistent financial calculations across logistics operations

Currency conversion is applied during invoice generation.

Where Currency Rates Apply

Once configured, Currency Rates affect:

  • Locker Package invoices

  • Shipment invoices

  • Customer-facing invoice display

Currency Rates do not affect:

  • Tariff calculation logic

  • Package or shipment weights

  • Tracking or delivery status

Step-by-Step: Configure a Currency Rate

Step 1: Navigate to Currency Rates Settings

Go to Logistics → Settings → Currency Rates.

(keep your existing screenshot here)

Step 2: Define Currency Conversion

Enter the required information, such as:

  • Base currency

  • Target currency

  • Conversion rate

Rates should reflect current and accurate exchange values.

Step 3: Save the Currency Rate

Click Save to apply the currency rate.

After saving:

  • The currency becomes available for invoice conversion

  • Future invoices use the configured rate

How Currency Rates Affect Invoices

  • Conversion happens automatically during invoice generation

  • Converted amounts are shown on invoices

  • The original calculation logic remains unchanged

Existing invoices are not recalculated if currency rates change.

Important Rules to Know

  • Currency Rates are tenant-wide

  • Rates affect future invoices only

  • Manual currency conversion is not supported

  • Rates must be maintained by Admins

Best Practices

  • Update currency rates regularly

  • Align rates with official or market sources

  • Limit supported currencies to business needs

  • Coordinate currency settings with accounting teams

Common Mistakes to Avoid

  • Forgetting to update rates periodically

  • Using outdated or incorrect conversion values

  • Expecting currency rates to change pricing logic

  • Changing rates during active billing cycles

Related Articles

  • Tariff Rules

  • Taxes Setting

  • Shipment Processing

  • Admin Guide – Billing, Tracking & Reporting

  • Admin Configuration – Logistics Settings (Overview)

In case you want to generate transactions in other than the default currency, you will need the currency rate.

Maximum number of storege days: Currency rate logs that are stored more than X days will be deleted. If the value is 0, this function will not be performed, i.e. currency rate logs will not be deleted. 
Automatically get currency rates: You enable this option so that the system automatically gets the exchange rate from Google.
Get online currency rates: In case you don't enable "Automatically get currency rates" you can still download currency rates manually by clicking this button.

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