Currencies:

Main currency

The default currency used as base for calculation of exchange rates. After clicking the Change button a new dialog appears enabling you to select items which should be recalculated according to exchange rate to the new main currency.

Taxes:

Default country

Store the default country, choose your country or country where you sell the most. All taxes are applied based on their values in the default country unless the customer specifies their country or state during the checkout process.

Apply taxes based on

Indicates whether the taxes are applied based on shipping or billing address. Taxes of orders without a shipping address will be calculated based on a billing address, regardless of this setting.

Accounts:

Allow anonymous customers

Indicates if customers need to register on your site so that they can make the purchase.

Use an extra company address

Indicates if the option of providing company address is available in the check out process.

Require company account information

Indicates if it is compulsory to provide company account information in the check out process.

Show Tax registration ID field

If checked, customer details will contain the tax registration ID field (e.g. VAT registration ID). The field will be displayed also in My account on the live site and during the check out process.

Show organization ID field

If checked, customer details will contain the organization ID field. The field will be displayed also in My account on the live site and during the check out process.

Shipping:

Weight formatting string

The format used to display product weight. Use {0} expression to insert the weight into the formatting string.

Minimal amount for free shipping

The minimum order value when the shipping is not charged.