If your organization is spanned across multiple countries, you may want to explore and understand the multi currency feature in Salesforce. Along with multiple languages, Salesforce also supports multiple currencies. In a multi currency setup, users in different geographies can use their local currency when working on Opportunities & Quotes, viewing their Forecasts & Quota and analyze data in Reports & Dashboards.
There are two main aspects of multiple currency feature in Salesforce
- Enable Multiple Currencies
- Use Advanced Currency Management