How To Change the Default Local Currency

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Hong Kong

How To Change the Default Local Currency

Hi , could anyone give the instructions on how to change the default local currency example from HKD to USD when creating a new company, please?


Thanks for the sharing the help.




Ultimate Partner Mike_James
3,323 Posts
Ultimate Partner

Re: How To Change the Default Local Currency

You don't say which product you are using.


In case it's a version without multiple currencies, you can change the currency symbol via the Control Panel, Regional settings.


For versions with a multiple currency option, switch on currencies via Preferences, and open the currency list (Lists, Currencies).


Possibly delete the USD currency first (if not you may have to amend the symbol to avoid a clash), then edit your HKD currency, change the code and symbol, then save. After that, you should have "USD (local)" as you home currency.

Regards, Mike
DataWise Limited (, developers of:
DataWise Report Writer - Custom Reporting from MYOB programs
(Including AccountRight Classic/Live, and exo Payroll)

Experienced Cover User PremierSA
74 Posts
Experienced Cover User

Re: How To Change the Default Local Currency

You have to edit the currency indicated by the system as the "Local currency" to reflect the currency you would like to be the local one. Note - it also has to match your control panel's regional settings currency preference. Also note that you can not have two currencies with the same currency code.



1) Edit the "Local" currency, f.i. change AUD to US$ (provided US$ does not exist yet)

2) Recreate the old "local currency" once you have done that (if you are going to use that curency)


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