Multi-currency accounting

Based on double-entry for management of accounts in different currencies.
  • Professional accounting for anyone who manages accounts in several currencies
  • It complies with international accounting standards
  • Based on double-entry accounting, including all its functionalities
  • Accounts balance in both account currency and basic currency
  • Balance sheet and profit and loss statement in basic currency or in a second currency
  • With or without VAT management
     
              

Accounts Table

The columns headers also show the currency chosen as basic currency (EUR)

The following are shown for each account:
  • The currency of the account ("Currency" column)
  • The opening balance in the currency of the account ("Opening Currency" column)
The program automatically updates both currency and basic currency balances.

         

           

Transactions table

  • The amounts are shown in the currency of the account
  • The program calculates the equivalent value in the basic currency using the specified current exchange rate.
  • The program shows the accounts balance and the amounts entered in the information window in the lower part of the screen.

                       

        

Exchange rates table

  • The currencies used 
  • The opening exchange rate (used to calculate the opening balance)
  • The current exchange rate used to calculate the exchange rates differences


                    

Account card

  • Account movements and balance in the account currency (here USD)
  • Account movements and balance in the account in the basic currency (here EUR)


Automatic calculation of exchange rate differences
By activating the command "Create transaction for exchange rate variation" from the menu "Conta2", the exchange rate differences are automatically entered. The program uses the exchange profit/loss account or accounts, predefined in the "File and accounting properties" (File menu), "Foreign currency" section.  



                   

End-of-year statement

  • Recorded in the basic currency
  • With an option to also show the account balance in the original currency

Balance sheet 

             

Profit and Loss Statement

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