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The currency of a bookkeeping can be converted to another currency.

Be advised to first create a new empty bookkeeping and to keep the original bookkeeping as a backup and for comparison.

 

Copy data

With the option to copy data, all data in the current bookkeeping will be replaced by data from an another bookkeeping first.

 

New Currency

Select the currency that will replace the current bookkeeping currency.

Conversion to the new currency can be done against daily rates or a single fixed rate.

 

When changing the bookkeeping currency, daybook differences will occur when the rates are varying on different dates.

These differences will be booked on the general ledger that is linked to the daybook.

 

When the currency of a bank daybook is equal to the new currency, the bookkeeping values will not be converted.

The same rule applies for foreign currencies that are entered by using the Ctrl+K function (different currency). When a foreign currency is equal to the new currency, the value will not be converted.

 

When converting a bookkeeping currency, all revaluation journals will be removed.