Assign appropriate currencies to foreign customers and suppliers

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About the multiple-currency feature

Setting up multiple currencies

Task 1: Select the multiple currency option Task 2: Set up records for foreign currencies Task 3: Create accounts to track foreign-currency transactions Task 4: Assign accounts to foreign currencies Task 5: Assign appropriate currencies to foreign customers and suppliers

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International transactions > Setting up multiple currencies > Task 5: Assign appropriate currencies to foreign customers and suppliers

Task 5: Assign appropriate currencies to foreign customers and suppliers

The currency used to make a transaction is determined by the currency assigned to the customer card or supplier card you are using.

A card can only use a single currency so if you deal with a customer or supplier in multiple currencies, you will need to create a separate card for each currency.

note : A card with transactions

You can’t change the currency of a card that you have already used in transactions. You will need to create a new card for the customer or supplier.

Any transactions recorded for a customer or supplier card will be in the currency linked to the card.

1	Go to the Card File command centre and click Cards List. The Cards List window appears.

2	Click the zoom arrow () next to the required card to display the Card Information window.

3	Select the Profile tab.

4	In the Currency field, enter the currency you want to assign to the card or click the search icon () to make a selection from the currency list. (The local currency is selected by default.)

5

6	Repeat this procedure for each card that you want to assign to a foreign currency.

■	Tracking currency gains and losses

■	Setting up multiple currencies

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