Currency & Timezone
Configure currency and timezone settings for accurate reporting
Last updated: 17th January 2025
Currency & Timezone
Configure your currency and timezone settings to ensure accurate cost tracking and reporting.
Base Currency
Your base currency is the primary currency used for all calculations and reports in CostSync.
Setting Your Base Currency
- Go to Settings > Currency & Timezone
- Select your Base Currency from the dropdown
- Click Save
CostSync supports all major currencies including USD, EUR, GBP, CAD, AUD, and more.
Supplier Currencies
If you work with international suppliers, you can set different currencies for each supplier.
How Currency Conversion Works
- Enter product costs in your supplier's currency
- CostSync converts to your base currency using current exchange rates
- COGS is calculated in your base currency
Updating Exchange Rates
CostSync automatically updates exchange rates daily. You can also:
- Manually refresh rates
- Set fixed rates for specific suppliers
- View rate history
Timezone Settings
Your timezone affects how dates are displayed and when daily reports are generated.
Configuring Your Timezone
- Go to Settings > Currency & Timezone
- Select your Timezone from the dropdown
- Click Save
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Note
Your timezone setting affects report date boundaries. For example, "today's orders" are determined by your configured timezone.
Best Practices
- Set your base currency to match your Shopify store currency
- Update supplier currencies when onboarding new suppliers
- Ensure your timezone matches your primary business location