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Bank account numbers in foreign currencies

You use a separate ledger account and a separate journal for each foreign currency bank account number.

Cash or bank journals for payments/receipts in foreign currencies:

  1. Go to: Financial / Ledger / Journal.
  2. Follow the procedure for the addition of a journal, with the following exception:
    • As the contra account, you use a ledger account in a foreign currency.
    • You link an entry layout for entries in foreign currencies.

To add a ledger account for a foreign currency:

  1. Go to: Financial / Ledger / Ledger account.
  2. Click on: New.
  3. Note: the following settings:
    • Select the Foreign currency check box.
    • Select the desired currency code.
  4. Click on: Finish.
  5. After adding the new ledger account, check the Currency assignment tab in the ledger account properties.

    Note that two currencies are specified on this tab; the foreign currency and the base currency. You can add extra currency links to the ledger account using the Add button on the Currency assignment tab.

Directly to

  1. Configure currencies
  2. Record the administration settings
  3. Add a currency
  4. Change the number of decimals for a price in a currency
  5. Add international debtors and creditors
  6. Add international bank account numbers and journals
  7. Manage currency links centrally
  8. Add current rates
  9. Revalue a currency
  10. Post a financial entry in a currency

Process

Currency