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The Euro exchange rate will be applied when an account set to ‘Euro’ currency is billed for another accounts account's charges, and the other account is set to a different currency.
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The USD charge on the child account has been converted to the parent account’s Euro currency ($20.00 * 0.85 = €17.00).
Next Steps
Optional: Email & Invoice Templates can be configured now or at a later time if desired. See the Email & Invoice Templates Configuration Examples page for sample configurations
Billing elements needs to be configured next (bill runs, bill groups, etc.). See the Billing Configuration Examples page for sample configurations