User Guide

Foreign Currencies
Workbook 115
S
wc90wb.doc, printed on 1/3/02, at 11:14 AM. Last saved on 1/3/02 10:54 AM.
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Foreign Currencies
If you do business outside of your country, you can use Simply
Accounting to keep track of transactions in a foreign currency.
Once you have set up the foreign currency, you can add foreign
cash and bank accounts, set foreign prices, and add foreign
vendors and customers.
When purchasing or selling items, the vendor or customer that
you select determines the currency used on an invoice. If you
select a foreign customer, Simply Accounting uses foreign prices
on the invoice.
The standard version of Simply Accounting allows you to use
two currencies; Simply Accounting Pro allows you to use as
many as you need.
The setup screen for currencies looks like the following for
Simply Accounting Pro:
Allow Transactions in a Foreign Currency.
Select this option
to prepare Simply Accounting to handle another currency, such
as US dollars.
Home Currency.
Select the currency of the country in which
your company resides. If you cannot find the currency that you