Multicurrency overview

What is multicurrency?

Alloy Navigator's Multicurrency feature allows you to manage financial data in the currencies your organization actually uses.

Financial objects such as Purchase Orders, Assets, Vendors, Contracts, Consumables, and Service Catalog Items can be associated with a specific currency. This helps you maintain consistent financial workflows across regions, suppliers, and business units.

Why it matters

Many organizations operate across multiple countries or work with vendors that use different currencies. In these scenarios, a single global currency setting may not be sufficient for procurement, asset, contract, and service catalog workflows.

With Multicurrency, you can:

• Use different currencies for different financial objects
• Display monetary values with the appropriate currency symbol or ISO currency code
• Use workflow logic to help prevent mixed-currency financial data
• Keep existing single-currency behavior unless Multicurrency is explicitly activated

Business example

Your organization uses USD as the default currency, but you create a Purchase Order in JPY.

In this case:

• Purchase Orders use JPY as its Currency Code
• Vendor selection can be filtered to vendors that use JPY
• Purchase Order items can be limited to vendor products and catalog items priced in JPY, if this behavior is configured
• Related monetary values are displayed with the appropriate currency indication

This helps you avoid inconsistent purchasing data, such as mixing vendors, products, invoices, or line items that use different currencies within the same financial process.

Licensing

Multicurrency is an optional add-on feature sold separately. A special license is required before the feature becomes available.

IMPORTANT: Applying the license does not immediately activate Multicurrency. You must explicitly enable Multicurrency and complete the activation process.

The license must include this block:

Additional features
Multicurrency: Yes

After this license is loaded, Alloy Navigator enters the first stage of Multicurrency availability:

• A new Currencies item appears under General in the Admin Center and Settings App

• The Currency_Code field becomes available in Fields for workflow classes that can store their own currency. Child (nested) object classes such as PO Items and Invoice Items inherit currency from their parent object

• No user-facing multicurrency behavior is applied yet

Benefits

Business requirement	Multicurrency support
Global purchasing	Purchase orders can be created in the currency used by the vendor or region.
Financial consistency	Workflow can validate and filter related records by currency.
Clearer user experience	Monetary values show the relevant currency symbol or ISO code.
Controlled rollout	Existing behavior remains unchanged until the feature is activated.
Administrative control	Administrators define which currencies are available to users.

Supported areas

Multicurrency applies to monetary objects and related workflow scenarios, including:

• Purchase Orders
• Assets
• Vendors
• Consumables
• Contracts
• Service Catalog Items

The feature is designed to support workflow-driven currency consistency while preserving compatibility with existing single-currency environments.