Setting up defaults required for standard currency use
concept brazil Updated Sep 10, 2026 1 min read setting-up-standard-currency-defaults.md
Set up the defaults required for use of standard currency fields in your instance.
- Control default currency field configuration and use in an instance
You can control how currency fields are configured and used in your instance. - Change default currency decimal places
You can specify the number of decimal places stored and used in currency fields and calculations. - Configure default currency fields in audit records
You can control what currency value is stored in audit records. - Configure the currency optimizer
You can configure the system to use an optimizer for currency/price fields to speed up list view (reading currency/price values). - Default currency conversions
Currency values can be converted to other currencies when stored and accessed.
Parent Topic:Configuring currency fields
Related topics
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--- title: Setting up defaults required for standard currency use description: Set up the defaults required for use of standard currency fields in your instance. locale: en-US canonical_url: https://www.servicenow.com/docs/r/platform-administration/currency-administration/setting-up-standard-currency-defaults.html release: brazil product: Currency Administration classification: currency-administration topic_type: concept last_updated: "2026-09-10" reading_time_minutes: 1 breadcrumb: [Configure, Currency administration, Configure core features, Administer the ServiceNow AI Platform] --- # Setting up defaults required for standard currency use Set up the defaults required for use of standard currency fields in your instance. - **[Control default currency field configuration and use in an instance](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/currency-properties.md)** You can control how currency fields are configured and used in your instance. - **[Change default currency decimal places](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/change-currency-fraction-digits.md)** You can specify the number of decimal places stored and used in currency fields and calculations. - **[Configure default currency fields in audit records](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/audit-currency-fields.md)** You can control what currency value is stored in audit records. - **[Configure the currency optimizer](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/configure-currency-optimizer.md)** You can configure the system to use an optimizer for currency/price fields to speed up list view \(reading currency/price values\). - **[Default currency conversions](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/currency-conversions.md)** Currency values can be converted to other currencies when stored and accessed. **Parent Topic:**[Configuring currency fields](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/platform-administration/currency-administration/configure-currency-admin.md) **Related topics** [Setting up defaults required for FX Currency use]()
| title | Setting up defaults required for standard currency use |
| description | Set up the defaults required for use of standard currency fields in your instance. |
| locale | en-US |
| canonical_url | https://www.servicenow.com/docs/r/platform-administration/currency-administration/setting-up-standard-currency-defaults.html |
| release | brazil |
| product | Currency Administration |
| classification | currency-administration |
| topic_type | concept |
| last_updated | 2026-09-10 |
| reading_time_minutes | 1 |
| breadcrumb | ConfigureCurrency administrationConfigure core featuresAdminister the ServiceNow AI Platform |