You can modify or delete a currency master in the alteration mode of the currency master.. The rate of exchange can also be altered from here.
To alter a currency
1. Go to Gateway of Tally > Accounts Info. > Currencies > Alter.
2. Select a Currency from the List of Currencies list
3. In the Currency Alteration screen, modify details as required. For more information refer Creating a Currency.
Note:In a remote connection, if the Formal Name defined in a ledger while passing a transaction is not the same as defined in the company selected, an error message is displayed.
For example, Must use currency “$” for ledger "Sales".
To delete a Currency
1. Go to Gateway of Tally > Accounts Info. > Currencies > Alter.
2. Select a currency from the Currencies list (displayed, if there is more than 1 currency).
3. Press Alt+D in the Currency Alteration screen to delete.
Note: You cannot delete a currency if it is used in a transaction.