Currencies, Pricing and Payment Records on a Global TradesFolks Transaction
Global commerce should preserve the currency that belongs to each commercial record. A converted display should not replace the original amount and ISO currency.
Keep the original currency
- Quotation should show its actual currency.
- Order and invoice should preserve the agreed currency.
- Payment record should match the commercial terms.
Use conversions carefully
- Converted amounts may be useful for display/reporting.
- Exchange rates can change.
- The original record remains authoritative unless the parties formally agree otherwise.
Check totals
- Quantity × unit price.
- Shipping/insurance where included.
- Taxes/duties where applicable.
- Any documented marketplace or service charges.
Frequently asked questions
Should every buyer see INR?
No. Global marketplace UI should preserve actual record currencies and use locale-aware formatting.
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