Automatic currency conversion
David Mitchell
My home currency is Hong Kong dollars bur receive rent in Australian dollars and pay loans in AUD. Is it possible for the budget tool to automatically convert AUD to HKD?
Comments are currently closed for this discussion. You can start a new one.
Keyboard shortcuts
Generic
| ? | Show this help |
|---|---|
| ESC | Blurs the current field |
Comment Form
| r | Focus the comment reply box |
|---|---|
| ^ + ↩ | Submit the comment |
You can use Command ⌘ instead of Control ^ on Mac
Support Staff 1 Posted by Maddy on Aug 08, 2019 @ 09:46 AM
Hi David,
Thank you for contacting Moneydance support.
In Moneydance it is only possible to assign one base currency to an account.
In your case you will need to choose the currency that is most in use e.g: Australian Dollars or that you generally use as the base currency.
To enter transactions with different currencies into the account, you will need to create categories that use the other currencies as a base currency.
The steps of entering different currency transactions:
Enter transaction, assign the correct currency category, this will unlock the foreign amount area in the transaction and display the exchange rate, lastly save the transaction.
For further details, please refer to these articles:
Create, Edit or Delete Currencies Cross-Currency Transactions
I hope this information is helpful. Please let me know if you have further questions or need any assistance.
--
Maddy, Infinite Kind Support
System closed this discussion on Nov 07, 2019 @ 09:50 AM.