Setup
To set up Multicurrency
- One time only: Select the Multicurrency option: Select the I Deal in Multiple Currencies option in the System view of the Preferences window. (Setup > Preferences > System)
- Create records for the currencies you'll use. (To create records for the currencies you'll use)
- Assign your accounts to foreign currencies [To link an account (foreign currency)]
- Assign the appropriate currency to foreign customers, vendors and salespeople. (To assign the appropriate currency to foreign customers, vendors and salespeople)
- After you've started to record multicurrency transactions: Record unrealized gains and losses. (To record unrealized gains and losses)
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