Share your ideas for improving the new AccountRight. Vote on ideas and discuss them with the MYOB product development team.

AccountRight

Multi-Currency: Foreign recurring transactions

MYOB Product Manager

29Posts

49Kudos

2Solutions

29 Posts
MYOB Product Manager
Australia
New
New

At the moment you need to save a recurring template in local currency, and after pulling it into a new transaction, only then switch the currency.

 

Please vote up if it's important for you to save and use recurring templates directly in foreign currency.

6 Comments
3 Posts
User

....MYOB feedback from another section.....regards, Andrew

Hi Gayathri,

Thanks for the link. I see we cannot "Create or use recurring transaction templates for foreign transactions" anymore. Ok, at least i know now. I will have to accept that, however it is frustrating to lose a very useful feature with "new" software.

As we order many items from OS suppliers in US and Euro dollars, it was very easy to generate a new PO using the recurring PO in the OS currency

Maybe MYOB could re introduce this next time?

Some more feedback..in the card file/card details/notes section, there needs to be more room for notes as I run out of space.

Regards, Andrew.

Experienced Partner
45 Posts
Experienced Partner

Excellent! thanks Clinton

3 Posts
User

I quite agree. This is just another failure of MYOB to address the issues of foreign currency in a practical way.

I have been told it's because "recurring" wouldn't be able to use live updates.

Does it occur to them that if foreign currency is being used, you have to have an understanding of exchange rates & how they work ???

Contributing Cover User
17 Posts
Contributing Cover User

Hi there

Why can't we save Multiple Currency invoices as recurring invoices anymore?  This is so frustrating.  We could do it in MYOB Enterprise before.

Thanks!

Experienced Cover User
12 Posts
Experienced Cover User

Recurring entries in foreign currency are very necessary.

Hopefully this feature will be made available soon.

Experienced User
54 Posts
Experienced User

This would be very useful for inputting travel expenses where the payment is made from a overseas bank account in the country's currency.

 

May I add when reconciling a bank account in a foreign currency it would also be useful if the Bank entry tab was activated to add interest and services charges.