# Currency symbol defaults when importing bank statements

**URL:** <https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596>\
**Category:** Uncategorized\
**Created:** [February 12, 2019, 5:34pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596 "2019-02-12T17:34:24Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![generalche](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/generalche/32/23129_2.png) [@generalche](https://forum.manager.io/u/generalche)\
**Post date:** [February 12, 2019, 5:34pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/1 "2019-02-12T17:34:24Z")

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Hello all,

It’s a very minor point, but having searched the forum, it appears no-one has mentioned it, so it’s possible no-one else has noticed.

When you import a bank statement, the summary screen for movements imported shows the currency symbol for the base currency (I assume) of the business, not the symbol for the bank account currency being imported. For example, I have a GBP account (balance £10,000) in a EUR-specified business. I import £10,000 of bank receipts, and the summary screen shows:

Bank account XXXXXXX  
Closing balance before import € 10,000.00  
Number of transactions in the file 1 transactions  
Number of transactions already imported 0 transactions  
Number of transactions to import 1 transactions  
Closing balance after import € 20,000.00

It has no actual impact on the figures - everything is imported correctly, but the first time I saw it, it caused some consternation, so I thought I’d point it out.

Cheers,  
Rob

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**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [February 12, 2019, 7:09pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/2 "2019-02-12T19:09:13Z")

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The first question is whether your GBP bank account is properly denominated in GBP. It sounds like it might not be.

Then understand that all the format standards allow considerable latitude in content. Some banks include no currency designation in their exported files at all, because they are not concerned with your importing to some other application. They assume you know what currency your own bank account is in. So the export is just a bunch of numbers, transaction codes, and description fields content.

When you import to Manager, it is the same thing: a bunch of numbers, assumed to be in the right currency for the account. If the account was set up incorrectly, it will be incorrect forever.

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**Author:** ![generalche](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/generalche/32/23129_2.png) [@generalche](https://forum.manager.io/u/generalche)\
**Post date:** [February 13, 2019, 8:15am UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/3 "2019-02-13T08:15:26Z")

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Hi Tut,

No, the account is set up 100% correctly, no problems there.

Yes, it’s very true that the import does not hold currency information, hence the currency symbol on the import screen being taken from the business base, NOT the specific bank account. **This is a purely cosmetic issue - it has no affect on the functioning of Manager at all.**

As I said, it’s just a minor point that it is worth noting, as the first time I came across it, it was clearly wrong, but after cancelling, double checking, then going ahead with the import anyway, I realised it didn’t actually have any impact on the import. Just thought I’d point it out.

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<div class="post-metadata">

**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [February 13, 2019, 1:07pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/4 "2019-02-13T13:07:14Z")

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Can you post a screen shot illustrating this?

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<div class="post-metadata">

**Author:** ![generalche](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/generalche/32/23129_2.png) [@generalche](https://forum.manager.io/u/generalche)\
**Post date:** [February 13, 2019, 1:23pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/5 "2019-02-13T13:23:11Z")

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Sure thing:

This is an import into a GBP account for a business with EUR as the base currency:

![currency%20symbol](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/8/a/8a439006b7b380b7c5b9a36b44c6c77612541ad1.jpeg)

As you can see, the currency symbol is €, though both amounts are actually in GBP, the currency of the account. I’m sure it would be an easy fix (or, just to remove the symbol entirely).

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**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [February 13, 2019, 1:33pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/6 "2019-02-13T13:33:54Z")

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I am moving this to the bugs category.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [February 19, 2019, 10:53pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/7 "2019-02-19T22:53:24Z")

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Fixed in the latest version (19.2.10)

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<div class="post-metadata">

**Author:** ![generalche](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/generalche/32/23129_2.png) [@generalche](https://forum.manager.io/u/generalche)\
**Post date:** [February 20, 2019, 8:14am UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/8 "2019-02-20T08:14:44Z")

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Awesome! Many thanks!

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**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [January 18, 2023, 3:02pm UTC](https://forum.manager.io/t/currency-symbol-defaults-when-importing-bank-statements/20596/9 "2023-01-18T15:02:56Z")

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