Forum Discussion

2 years ago

Foreign Currency in MYOB Business Pro

Hi. I tried looking into this community page for the answer but I couldn't so hopefully someone could help me. Currently I'm on Business Pro plan, and I need to connect my foreign currency bank...

Steven_M
2 years ago
Hi YokoT1205

Our AccountRight Premier product range allows the user to set up and record transactions in a foreign currency. This is not a feature of MYOB Business Pro.

If you do have MYOB Business and you do need to record the one-off or a small number of foreign currency transactions, converting it to the local currency equivalents and then recording that in your software may be the way to go. If it's more long-term and frequent using AccountRight Premier would be the recommendation.

Steven_M

Former Staff

2 years ago

Hi YokoT1205

Our AccountRight Premier product range allows the user to set up and record transactions in a foreign currency. This is not a feature of MYOB Business Pro.

If you do have MYOB Business and you do need to record the one-off or a small number of foreign currency transactions, converting it to the local currency equivalents and then recording that in your software may be the way to go. If it's more long-term and frequent using AccountRight Premier would be the recommendation.

YokoT1205
2 years ago
Thank you so much for your help!
sues0204
Trusted Cover User
2 years ago
are there any plans for multi-currency feature for MYOB Business? Given how "small" this world is these days, multi-currency is increasingly a part of many Australian businesses, and should therefore be a part of business accounting software.