Balance Sheet/P& L in originating currency
Hi,
When we were looking at getting the new AccountRight Premier we were told that you could run reports in the originating currency but I cannot see how to do this.
Looking in the forums I'm...
Forum Discussion
Hi Komal,
The business deals in Foreign Currency investments and Stock so we aren’t importing or exporting items.
If we can't run B/sheet in originating currency are there other reports that we can run to show our bank accounts or specific account codes in originating currency, or can we only see this if we click on each individual code?
Also, can you run a report for unrealised gains/losses for bank accounts?
We are entering the exchange rate monthly but want to enter the FYE Average rate, from the ATO website, and use that to see any gains/losses. Is this possible?
I saw online that you could run a report but think it may have been from an older MYOB version as I can not see the option steps for Unrealised Gain/Loss report.
Thanks
Jo
Hi JojoA1
Following reports can be produced in originating currency:
- Payables reconciliation [summary] report
- Receivables reconciliation [summary] report
The current version of MYOB does not report on outstanding foreign currency balances (unrealised gains/losses). However, please also note that the full multicurrency roll out is still in the works and this feature is something that might be included in the future releases.
