Forum Discussion

YokoT1205's avatar
YokoT1205
User
2 years ago
Solved

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's avatar
    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's avatar
Steven_M
Former Staff

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.

sues0204's avatar
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.