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bcd1's avatar
bcd1
Experienced User
4 years ago

Using USD bank account to pay USD invoices

I am using Account Right 2021.1.1. I have a client who has a USD bank account and pays USD invoices through it. When processed through MYOB using USD currency and USD bank account it still wants the ...
  • Mike_James's avatar
    Mike_James
    4 years ago

    Hi bcd1 , the general ledger is maintained in local currency, so every foreign currency transaction has an exchange rate. Both the invoice and payment have one.

Mike_James's avatar
Mike_James
Ultimate Cover User
4 years ago

Hi bcd1 , the general ledger is maintained in local currency, so every foreign currency transaction has an exchange rate. Both the invoice and payment have one.

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