• Registered: 05/05/2011
  • Posts: 9

Topic: Exchange rate

Hello friends
my concern is I have created more than one account into different currencies
How can I set the exchange rete btn the other currency and the reporting currency

How can I make the balances in the other accounts to appear in their currency and not in the coys currency

Example If the Company currency is Euro and the other accounts are in dollars
How can I make the bank account for dollars to have its figures in dollars?

Please help


PJ

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,107

Re: Exchange rate

Please try for yourself on the Training Co.

You cannot make a balance sheet in other currencies that the domestic.

You can of cource get the customer/supplier balances in their currencies.

You will have to use the same exchange variance account for all currencies.

And again, please examine a little yourself. You can get advice from the Wiki, https://frontaccounting.com/fawiki.

/Joe