tag:infinitekind.tenderapp.com,2009-01-14:/discussions/general-questions/92555-currency-managementInfinite Kind: Discussion 2020-03-10T09:10:23Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/479092522019-12-10T09:05:49Z2019-12-10T09:05:49ZCurrency management<div><p>I am not support staff just a user.<br>
Hi David.</p>
<p>Assuming you want to enter foreign currency transactions into a base currency account.</p>
<p>You need first to set up categories in the foreign currency. TOOL – CATEGORIES – NEW.<br>
Now when you want to enter a transaction for a category in that foreign currency select the appropriate category. You will now notice that the Rate and Foreign Amt fields are open for you to use.</p>
<p>Assuming that the exchange rate for the foreign currency is available under TOOLS – CURRENCIES the RATE value will file in. Enter the Payment or Deposit amount (for credit cards Charge or Payment) in the base currency and the Foreign amount will fill in. You can change the Rate if required. Instead you can enter the Payment or Deposit amount (for credit cards Charge or Payment) in the base currency and the Foreign amount and the Rate will change accordingly. You can’t enter the Foreign Amt as there is only one field so you are not able to define it as a Payment or Deposit amount (for credit cards Charge or Payment).</p>
<p>You can also set up foreign currency accounts.</p>
<p>Hope this helps</p></div>derekkent23