(Org setup I 3%) Company settings: Time Zone and Currencies Flashcards
Identify the two types of time zones that can be set in salesforce
where is org time zone set?
Company Information page. It is used as the default for new users
will user time zone override orgs?
yes, can be set in personal settings
what two currencies can a org be?
single or multi currency
what abilities do single currency orgs have
can set corporate currency on the company information page.
currency symbol in amount fields will reflect the currency locale
single currency is default
what abilities do multi-currency have?
Can record amounts in different currencies.
Allows for personal currencies to be different than corporate.
Allows you to see exchange rates for a given opportunity.
corporate currency can be defined.
cannot be undone.
what’s primary and secondary currency
primary: reflects either the default corporate currency or the currency selected for the record
secondary: reflects personal default currency of the user running the report or the currency specified in the report criteria.
what is the abilities for advanced currency managing?
takes into account fluctuating exchange rates. it’s used to track historical exchange rates so that the rate that is tracked on a record is accurate to the time it was closed.