Balance Sheet/P& L in originating currency

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JojoA1
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Balance Sheet/P& L in originating currency

Hi,

 

When we were looking at getting the new AccountRight Premier we were told that you could run reports in the originating currency but I cannot see how to do this.

Looking in the forums I'm getting the impression that this was not available in 2020 but was in the planning process for future updates, can someone please advise?

 

We are needing the P&L and Balance Sheet in originating currency.

 

Thank you

Jo

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Komal_S
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Re: Reports

Hi @JojoA1 


We are still working on adding originating currency to all the reports in AccountRight. Currently, receivables and payables reports can be run in the originating currency. This help article has detailed information on it.


We will post an update once we have any information on changes regarding this. 

Kind regards,
Komal

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JojoA1
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Re: Reports

Hi Komal,

 

The business deals in Foreign Currency investments and Stock so we aren’t importing or exporting items.

 

If we can't run B/sheet in originating currency are there other reports that we can run to show our bank accounts or specific account codes in originating currency, or can we only see this if we click on each individual code?

 

Also, can you run a report for unrealised gains/losses for bank accounts? 

We are entering the exchange rate monthly but want to enter the FYE Average rate, from the ATO website, and use that to see any gains/losses. Is this possible?

 

I saw online that you could run a report but think it may have been from an older MYOB version as I can not see the option steps for Unrealised Gain/Loss report.

 

Thanks

Jo

 

Komal_S
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Re: Reports

Hi @JojoA1 

Following reports can be produced in originating currency:

  • Payables reconciliation [summary] report
  • Receivables reconciliation [summary] report

 

The current version of MYOB does not report on outstanding foreign currency balances (unrealised gains/losses).  However, please also note that the full multicurrency roll out is still in the works and this feature is something that might be included in the future releases. 

Kind regards,
Komal

MYOB Community Support

Online Help| Forum Search| my.MYOB| Download Page

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