AKB001
3 months agoMember
Foreign Exchange
My clients as asking me where MYOB gets its Foreign Exchange Rates from as sometimes they have a different figure. Thanks in anticipation
Hi AKB001,
Great question! MYOB has a live exchange rates feature that pulls rates from Open Exchange Rates and updates periodically for online files. AccountRight also supports multi-currency. You can leave live rates on, or switch them off and manually enter or override the rate on each transaction.
Cheers,
Princess