Forum Discussion
Hi AngieYoung,
Thanks for your patience. I understand that foreign currency conversions in MYOB can be a bit complex. These conversions are automated and adjust according to live exchange rates, ensuring your transactions are up-to-date. However, due to the nature of these conversions, the system might sometimes allow values with more than 2 decimal points, which could cause the imbalance you're noticing.
Here are a few steps you can take to troubleshoot this issue:
- Review the transaction details and ensure that all the information is entered correctly.
- Check the currency conversion rate used in the transaction. If the rate is incorrect, it could cause a balance discrepancy.
If the issue still persists after going through this checking, I would highly recommend visiting our help sites like myob.com/support or myaccount.myob.com to find MOCA, our virtual assistant. Use MOCA for immediate queries and assistance. If MOCA can't help, you'll be automatically directed to our live chat team, which has the tools to investigate this further.
If my response has answered your inquiry, please click "Accept as Solution" to help other users find this information.
Kind regards,
Shella
Hi AngieYoung
I suspect this needs to be fixed via the back end. MYOB should not allow 4 decimal places when applying a payment, no matter how calculated - so caused by a glitch MYOB may or may not be aware of. Your explanation about the embedded calculator and conversion to AUD may help them identify and fix the code.
If you get no joy getting this fixed by MYOB, try MYOX Services, they can fix this type of things in the company file. There would be a fee but may save a lot of time. Only MYOB can fix their software though.
Regards
Gavin
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