Setup

Setting up Multicurrency

You must complete a number of steps before you begin recording multicurrency transactions in MYOB Accounting. Once setup is complete, you'll enter multicurrency transactions the same way you enter transactions based on British pounds.

• Selecting the Multicurrency option

• Creating records for the currencies you'll use

• Assigning accounts to foreign currencies

• Assigning the appropriate currency to foreign customers, suppliers and salespeople

• Recording unrealised gains and losses

Step by step

• To set up Multicurrency

Related topics

• What is Multicurrency?
• Working with multiple currencies
• To add a foreign currency account