Recording unrealized gains and losses
To print the Currency – Unrealized Gain/Loss Report
To record unrealized gains and losses
To automatically reverse your General Journal entry from the previous month
To manually reverse your General Journal entry from the previous month
Removing foreign currencies
To remove a foreign currency
Setting up Multicurrency
Step 1: Select the Multicurrency option in the Preferences window
Step 2: Create records for the currencies you’ll use
Step 3: Create accounts to track your foreign-currency transactions
Step 4: Assign the accounts you’ve created to foreign currencies
Step 5: Assign the appropriate currency to foreign customers, vendors and salespeople
Transferring funds between accounts
To transfer funds from a U.S. account into a foreign account
To transfer funds from a foreign account into a U.S. account
Updating foreign currencies
To update foreign currencies
Multicurrency Table of Contents