File diff 52882530cfba → 75749abf55ba
UseCases/MultiCurrency.mdwn
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@@ -6,13 +6,13 @@ flexibility in how multiple currencies are supported can render the feature
 
useless to some organizations.
 

	
 
There are roughly two operating modes that I've observed in use by non-profit
 
organizations.
 

	
 
## A "One Native Currency" Organization
 

	
 
<a id="functional-currency"/>
 
In the USA at least, and perhaps elsewhere, the native currency to the
 
location of the entity is treated as the "one true currency" (which the USA
 
IRS calls your "functional currency") of the organization.  Specifically in
 
the USA, the IRS makes
 
[the following recommendation regarding currency conversion](http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Foreign-Currency-and-Currency-Exchange-Rates):