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| Note |
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ActionStep does not consider a purchase in a Foreign Currency out of your Local Currency to be a multi-currency transaction (your local currency left your bank account). At the moment these types of transactions will need to be manually calculated. An alternative would be to set up "dummy" FX accounts and transfer the funds into your base currency on receipt. |
Foreign Currency Set Up
This is an Administration function.
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For example: If your base currency is NZD and you also trade in AUD, you would need to let the system know where to Put the Accounts Receivable, Payable, Bank transactions, Tax, Deposits paid and received.
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