Home → General Questions →

Currency information

• Edit

Enio S

04 Jun, 2026 09:47 AM

how do i make the file a multicurrency files and how do i amend accounts details to modify the currency?

1. Support Staff 1 Posted by Maddy on 04 Jun, 2026 11:22 AM

   

   Hi Enio,
   Thank you for contacting Moneydance support.

   Assuming you want to enter foreign currency transactions into a base currency account.

   First you need to set up categories in the foreign currency. You need to navigate to Tools –>Categories–>New.
   You should change the Currency Type to the required currency using the dropdown menu, when you set up a non-base category.

   So when you want to enter a transaction for a category in a foreign currency, you should select the appropriate category.

   You will notice that the Rate and Foreign Amt fields are open for you to use when you select a category created for use with a foreign currency.

   Assuming that the exchange rate for the foreign currency is available under Tools–>Currencies, the Rate value will fill in.
   If you enter a Payment or a Deposit amount (for credit cards Charge or Payment) in the base currency, 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).

   You can also set up foreign currency accounts.

   Finally, you may want to refer to this section of the Knowledge Base about "Currencies".

   I hope this information is helpful. Please let us know if you have further questions or need more assistance.

   --
   Maddy, Infinite Kind Support

   • Edit