International debtors and creditors
For each debtor and creditor, you specify the Currency allowed. Only these currencies may be used when you post an entry.
You use a separate sales journal for international debtors (and a separate purchase journal for international creditors). This allows you to post entries in foreign currencies.
|
Contents |
Description
Your domestic summary accounts are only intended for entries in the default currency. That is why you use separate summary accounts for international debtors and creditors who work with other currencies.
You can select whether you want to make entries for multiple currencies in one international summary account or whether you want to use separate summary accounts per currency.
Link the domestic summary account to domestic debtors and creditors and link the international summary account to all international debtors. Select the correct currency code per debtor.