accpac simply accounting 9.0 Manuel D’Utilisation
Chapter 10: Doing Business outside the Country
User Guide 10–7
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ACCPAC INTERNATIONAL, INC. Confidential
Outside the
Country
Outside the
Country
You can either enter a new rate in the field or click the button to
open the exchange-rate table, then add or change rates as
needed.
open the exchange-rate table, then add or change rates as
needed.
Add Foreign-Currency Bank Accounts
We recommend that you set up at least one bank account to keep
track of foreign-currency amounts. Although Simply Accounting
lets you mix home-currency and foreign-currency amounts in the
same account, you will probably find it easier to keep them in
separate accounts. This could be an account at a bank in the
foreign country you do business with or a foreign-currency
account at a local bank.
track of foreign-currency amounts. Although Simply Accounting
lets you mix home-currency and foreign-currency amounts in the
same account, you will probably find it easier to keep them in
separate accounts. This could be an account at a bank in the
foreign country you do business with or a foreign-currency
account at a local bank.
If you use Simply Accounting to reconcile your bank statements,
note that foreign-currency bank accounts are reconciled in the
foreign currency. This means that you are matching foreign
amounts to foreign amounts and don’t need to worry about
exchange-rate differences.
note that foreign-currency bank accounts are reconciled in the
foreign currency. This means that you are matching foreign
amounts to foreign amounts and don’t need to worry about
exchange-rate differences.
If you wish, you can set up a primary foreign bank account for
Purchases or Sales. Simply Accounting then displays this account
automatically when you enter a payment or receipt for a foreign
vendor or customer, so you do not have to select the bank from a
list every time. You can set up one account for purchases and
one for sales for each currency you use.
Purchases or Sales. Simply Accounting then displays this account
automatically when you enter a payment or receipt for a foreign
vendor or customer, so you do not have to select the bank from a
list every time. You can set up one account for purchases and
one for sales for each currency you use.
To add a foreign-currency bank account:
1. In the Home window, choose the Accounts icon.
2. On the File menu, choose Create.
3. Enter the information on the Account tab as you would for
any other account. For more information on adding
accounts, see “Adding Accounts” in Chapter 2.
accounts, see “Adding Accounts” in Chapter 2.
4. Click the Class Options tab, and enter the information:
5 Add exchange acct.
5 Set up currencies
Add bank accounts
Decide foreign pricing
Add foreign prices
Set vendors/customers
5 Set up currencies
Add bank accounts
Decide foreign pricing
Add foreign prices
Set vendors/customers