Setting up Multicurrency

Multicurrency Overview > Setting up Multicurrency

You must complete a number of steps before you begin recording multicurrency transactions in MYOB AccountEdge. Once setup is complete, you'll enter multicurrency transactions the same way you enter transactions based on U.S. dollars.

Selecting the Multicurrency option in the Preferences window
Creating records for the currencies you'll use
Creating accounts to track your foreign-currency transactions
Assigning accounts to foreign currencies
Assign the appropriate currency to foreign customers, vendors and salespeople
If you track unrealized gains and losses

Click below for the step-by-step procedure:

Setting up Multicurrency

Multicurrency Overview - Setting up Multicurrency