International transactions
>
Setting up multiple currencies
> Task 2: Set up records for foreign currencies
Task 2:
Set up records for foreign currencies
AccountEdge software provides you with records for several commonly used foreign currencies, as well as your local currency.
The following currencies have been set up for you already: United States dollar, Canadian dollar, Mexican nuevo peso, European Union euro, Great Britain pound, Australian dollar, Hong Kong dollar, Japanese yen, and New Zealand dollar.
If you do business in any other currency, you will need to create a new record for the currency. Enter its current exchange rate. Follow the instructions below.
1
Go to the
Lists
menu and choose
Currencies
. The
Currencies List
window appears.
2
Click
New
. The
Currency Information
window appears.
3
Enter details of the currency such as a code, name and current exchange rate.
At this stage, you only need to complete the
Currency Profile
tab.
4
Click
OK
and then
Close
.
Related topics
▪
Task 3: Create accounts to track foreign-currency transactions
▪
Exchange rates
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