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The Currency field is a numeric field type and can be used in Formula and Rollup fields to calculate and summarize monetary values.
SmartSuite supports all major currencies, which can be selected by Solution Managers when adding or modifying fields to apps.
Display Formats & Options
Just like with Numeric fields, Solution Manager can select the precision to display in currency fields. The default precision is $1.00.
Allowing negative values is useful when tracking financial results, and Solution Managers can set currency field values as required.
Check out quick articles on Setting Default Field Values and Adding Help Text to fields.
Examples of Use
Track Estimated Value of Sales Opportunities
The Sales CRM solution available in the SmartSuite Solution Library allows sales teams to track the estimated and actual contract values of sales opportunities associated with an account.
Rollup Total Contract Value of All Sales Opportunities for an Account
Continuing from the example above, multiple sales opportunity records can be associated with a single account in the Sales CRM solution. The actual contract value is recorded for each opportunity and a Rollup field in the account app totals the contract value for the entire account.