It would be very useful if HubSpot automatically assigns the Deal's currency to the Custom Deal Property formatted as currency or if at least it gives the option to select the currency you want to use on the custom property, as of right now the amount that is set on the custom property is the one chosen on the Account Default settings.
How many upvotes and replies does it take for action to be taken at Hubspot? Company recently migrated to Hubspot and it's insane some of the basic functionality (like this multi-currency issue) that the CRM doesn't have. Can we please get an update on if/when this will be addressed?
This is a much needed feature for businesses operating in different regions.
We have multiple custom properties and when we are updating the currency for the deal, the currency isn't updating for the custom properties.
It has become a huge problem for my clients as they are operating in different countries and are charging in different currencies. It has become difficult for them to explain their accounts team to look into the 'currency' property. Mistakes are bound to happen if they need to look into multiple properties before billing.
Please please HubSpot, introduce this feature as it is one of the basic feature that is required by businesses.
Please Hubspot, it is really important to have also the ARR and the MRR in company currency. We need to report company revenue with this split in company currency since this is the currency we use to manage our business
We have multiple pipelines and close deals in different currencies.
Annual Recurring Revenue (ARR) is the main component of our deals, however, we also have one-time fees.
At the moment it is impossible for us to have visibility of either our pipeline or closed deals at an ARR level for our company currency. We can only see this at an individual currency level.
Without the ability to see the total ARR pipeline and closed deals at an aggregated level Hubspot reporting becomes absolutely useless.
what happens to the one off part in this way? Your deal will show only ARR in company currency...and if I've well understood also in reporting you'll see only ARR in company currency, right?
How to have the full picture? have you split the one off and recurring in 2 different deals?
Hi @CRavenda agree, as I wrote initially, "I believe you can do this at least for ARR" 🙂
Indirectly, to find the One-time part in Comp Currency, you could do a calculated property = TCV - ARR. But its not perfect, as it would not work if the deal is for more than 12 months.
In my opinion, HubSpot has a feature gap in not being able to report on Product Line Items in Company Currency 🙁 anyone having a solution on this, please let me know.
As a new user of Sales Enterprise, I really wish to have option to set up currency for the Company properties as well. I have many business units that has 5 different currencies, and some Companies properties must have finance values.
Because Hubspot already does it with AMOUNT vs amount in company currency, I would assume it is a quite easy fix to
-in custom properties when you choose currency - decide which currency. Today it automatically goes into company currency. -in custom properties when making a calculation, be able to calculate another custom property into a wanted currency, or at least into company currency.
The latest is the biggest wish, because we do commission calculation in Hubspot, and based on the deal delta (the added revenue) we pay out commission, in USD which is the company currency. But we also have deals in NOK, DKK, GBP etc, and sales reps should only add delta amount in the origical currency, without having to know the currency rate, and needing to calculate this into USD. If we had a calculation property, that took this delta amount, in combination with the currency set on the deal, it could calculate the delta into USD based on the currency rates set in settings.
Feel free to reach out to understand this use case more. But as a sales tool,calculating commission easily inside a CRMshould have been developed/supported already yesterday, so hoping prioritization on it.
This is definetely needed. All currency properties should follow the currency set for a deal. It is extremly confusing for global companies to report on things when amount is in USD/GBP/EUR and then your custom properties are set in the company currency €/£/$..
As many people above me have said, this change is needed. We track multiple revenue streams in each deal and when they are not in the company currency the sales team are having to convert the currency across manually to input the fields. All currency-based fields should have the option to input an amount and choose a currency. The functionality and calculation already exists for the Amount in Company Currency field, so should be easy to replicate.
I'd like to thank you all for taking the time to submit, vote and comment on this Idea. My name is Shay, and I’m the Product Manager for HubSpot’s Properties.
I'm happy to announce that this feature is now In Beta!!! Admins now have the option to set the currency for custom deal currency properties to match the currency of the record.
If you would d like to participate in this Beta, reach out to your point of contact at HubSpot and let them know that you would like access to the "Create custom deal currency property that uses record currency" which they can sign you up for through our internal Customer Success tool.
We’ll be sure to update you here and on our Product Updates blog as soon as this feature is fully Delivered.
