Currency Information window—Purchase Ledger Accounts view
The Purchase Ledger Accounts view of the Currency Information window enables you to select the linked accounts you want to use when recording purchase-related transactions in the selected currency.
This window is available only if you have selected the I Deal in Multiple Currencies option in the System view of the Preferences window.
Liability Account for Tracking Creditors in this Currency
Bank Account for Paying Suppliers in this Currency
I can receive items without a Supplier bill in this Currency
If you want to track the cost of items you receive, but for which you don’t receive a bill until a later date, select this option and then select the account you want to use to track the cost in the Liability Account for Item Receipts field.
I Pay Carriage on Purchases in this Currency
If suppliers charge you for delivery costs in this currency, select this option and then select the account that you want to use to track how much you spend on carriage in the Expense or Cost of Sales Account for Carriage field.
I Track Deposits Paid to Suppliers in this Currency
If you make deposits on orders with suppliers who use this currency, select this option and then select the account that you want to use to track the deposit amounts in the Asset Account for Deposits field.
If your suppliers give you discounts for early payments on purchases made in the selected currency, select this option and then select the account that you want to use to track the discounts you receive in the Income or (Contra) Account for Discounts field.
