Payment transfers between two companies
Hello Myob Community I have two businesses, one in Australia and the other in the USA. We purchase items from several locations and these purchases are in USD. When the Au is down, I use the USD in ...
Forum Discussion
Hi Mark299
Thank you for your post. You are on the right track with the advice on doing stock transfers so that will cover the stock.
For the currency exchange side, 2 options are could do it by transferring money or setting up a contra deal. I would check with an accounting advisor which option is the best in your specific situation.
I have also linked our Help Articles with steps on how to do that, which may help:
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
