---
sourceDocument: Zurich IT Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/zurich/it-asset-management

 Release :

    - zurich

ft:locale :

    - en-US

ft:publication_title :

    - Zurich IT Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Set up or update preferred currency options

# Set up or update preferred currency options {#ariaid-title1}

* Release version: Zurich
* 
* Updated January 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Set up or update the preferred currency options for your cloud cost and usage data to gain reporting flexibility. These currency options become available for Cloud Cost Management users to choose from.

## Before you begin

Role required: insights_admin

## About this task

Setting up currency options enables Cloud Cost Management users to choose from the list of available currencies. Costs are calculated using the exchange rates specified by cloud service providers. These exchange rates are automatically applied to ensure cost reporting accuracy across regions.  
Note:  
If you haven't set up the preferred currency options earlier, all the billing and usage data is displayed in the default currency.

## Procedure

1. Navigate to WorkspacesCloud Cost Management WorkspaceOperationsAdministrationMulti-currency setup.
2. Select a currency code from the Currency Option 1 drop-down list  
   Figure 1. Multi-currency setup
3. Select the Active check box for Currency Option 1 to activate the currency.  
   The Status field is currently set to Not mapped.
4. Select Save.  
   The Status field changes to Awaiting processing. After the processing starts, the Status field changes to In progress and a message is displayed on the screen that shows the progress in percent. The Save button remains unavailable until the status changes to Ready.
5. Repeat step 2, 3, and 4 to select additional currency options and activate them.  
   At any given time, you can see a total of five active currencies that includes one reference currency plus four additional currencies.

## Result

After the Status field changes to Ready, the selected currencies become available for selection in the Currency preference list on the Operations view.

*[\>]: and then