Multi-Currency Deals

I've seen the response to this query is that it is currently unavailable but being able to have deals in a range of currencies would be very useful.  

HubSpot updates
Multi-Currency DealsCommunity Manager
a week ago

Hey @Simpleselling time stamps to come shortly to all Idea interfaces, apologies for the current inconvenience. 

Andy's own post was recent, you will be notified by email when this Idea is subject to updates or is 'Delivered'.

Multi-Currency DealsHubSpot Product Team
a week ago

@TomPerry, we don't have a set date right now, there are a number of other priorities that we are working on first. Our current goal is to start working on multiple currencies in the second half of the year.

Multi-Currency DealsCommunity Manager
changed to: New
a week ago

Multi-Currency DealsHubSpot Product Team
changed to: Investigating
a week ago

Allowing for deals in different currencies is on our roadmap. Thank you for the feedback and examples.

Multi-Currency DealsHubSpot Product Team
changed to: Delivered
a week ago

Multiple currencies is now live to Marketing Enterprise, Sales Professional and Enterprise, and Service Enterprise customers. Please see this Knowledge article (https://knowledge.hubspot.com/articles/kcs_article/settings/add-and-edit-your-account-currencies) for more information!

110 Replies
gil1001
Top Contributor

@Hmossop where do you see a quote builder?

Hmossop
Occasional Contributor

@gil1001 If you use the products feature, you can build a quote straight from that (strange that they haven't announced it, I know!)

gil1001
Top Contributor

@Hmossop this is awesome thanks, when you go through the generating quote process it does allow you to leave feedback saying it is in beta. Maybe that's why they didn't publish it

DanaW
New Contributor

We would also be interested in participating in a beta version! this is critical to us!

KatieMarr
Regular Contributor

We are absolutely interested in participating in a beta program to implement milti-currency support both in reporting and the quotes tool.  

 

I am currently looking for a solution to move my quoting/invoicing away from, so it would be amazing timing to be able to move it all to hubspot.  

 

Are you anywhere close to having a beta test group for this change yet? 

bbairstow
New Contributor

Hi

 

Can we just have a currency which is No Symbol - that way people can just imaging it is their currency.

 

Bruce

gil1001
Top Contributor

@bbairstow that's a very dangerous option which will cause more confusion as you'll have multi currencies mixed together which will mess up all your reporting.

 

KatieMarr
Regular Contributor

@bbairstow the key to multi-currency support is currency conversion, more than just being able to imagine it in the right currency. 

 

Simply removing the symbol does not address the variance in value between the purchasers currency vs the hubspot default currency.  This is the overarching problem that needs to be resolved.  We can create separate reports using custom fields, or we can create separate pipelines, but the fact of the matter remains, all sales calcuations have to be done outside of hubspot, because we cannot calcuate actual value at scale. 

 

The ideal solution for this would be a real time connection with a currency conversion website, so when a deal closes, or an invoice is paid, the deal reflects the in-the-moment currency value, to be absolutely accurate to the value generated.  

 

I hope this helps clarify what the ask here is, and why it's so important. 

Best, 

Katie 

gil1001
Top Contributor

@KatieMarr Thanks Katie, totally agree. The current solution even with custom currency fields requires manual conversion and separate report per currency preventing from having clear visibility of markets, territory and the funnel.

For the sake of simplicity, I would even be fine with setting up general conversion rates and only when a deal is closed having to put the exact amount.

KatieMarr
Regular Contributor

@gil1001, i could totally get behind that.  On the salesforce platform, you simply update the currency conversion factors whenever you want (we had a script that updated it daily for us), then that conversion was used in calcuating all report values for the various currencies into a single pipeline amount.