Why do we need to set default currency to 1?

Answer: Default currency in WP Ever Accounting acts as a standard to all other currencies. All currencies are converted in terms of default currency. Since all other currencies are dependant on default currency, you need to set default currency to 1. From the previous example, you have seen that the default USD currency rate is set to 1. If the standard rate is set to 1, the conversion becomes easier.


Set Default Currency

Set Default Currency
Default Currency Setup