Multicurrency Topics List
· Working with multiple currencies
· What is Multicurrency?
Getting started with Multicurrency
Understanding exchange accounts
Entering multicurrency transactions
Determining the effects of exchange rates on your business
Selecting the Multicurrency option
· Setting up Multicurrency
Creating records for the currencies you'll use
To create records for the currencies you'll use
Assigning accounts to foreign currencies
To assign accounts to foreign currencies
Assigning the appropriate currency to foreign customers, vendors and salespeople
· Updating foreign currencies
To update foreign currencies
· Deleting foreign currencies
To delete a foreign currency
· Recording unrealized gains and losses
Determining unrealized gains and losses
Realized gains and losses
To print the Currency - Unrealized Gain/Loss Report
To record unrealized gains and losses
To automatically reverse gain or loss entries
To manually reverse gain or loss entries
· Transferring funds between local and foreign bank accounts
To transfer funds (local to foreign)
To transfer funds (foreign to local)