How are money calculations performed when combining worksheets that contain different currencies?

When combining worksheets that contain different currencies, the money calculations are performed in the workbook's currency and then converted afterward. This approach ensures that all monetary values are standardized to a common currency before any calculations are executed. By doing so, it avoids discrepancies that could arise from direct calculations among different currencies.

Utilizing a common currency for calculations simplifies the process, as it minimizes conversion errors and enhances clarity in the financial computations. After conducting the necessary calculations within this unified currency framework, the results can then be converted into other currencies as needed. This two-step process—calculating in the workbook’s currency first and converting afterward—ensures accuracy and consistency across the entire dataset.