Entering receipts in foreign currency

1

My base currency of Manager is USD, however I have a foreign IRAQI dinar(IQD) currency too. I have written appropriate exchange rate between USD and IQD too, but when i would like to record a receipt in IQD currency, it is not possible and records it only in base currency. I read some articles that i need to select Received in account but when it does not show any accounts when i click in there. Also, it does not show me the two currencies in the line to enter even manually the counter part of the USD.

hope someone can help

1 Like
2

Receipts are entered in Bank or Cash accounts
A Bank or Cash account has a currency associated with it
You can only enter a receipt in the currency of the account

So the IQD receipt must be entered into an IQD Bank or Cash account

3

Thank you @Joe91 but when i go to chart of accounts to create a bank or cash account it does not have the option to associate a currency with it. Can you tell me the steps to create one?

4

Simply search the Guides for bank. :wink:

5

You do not create Bank or Cash accounts in the Chart of Accounts

You create them in the Bank & Cash Accounts tab

6

Hence the advise from @Mark to use the Manager guides as this is part of starting with Manager.

7

Thank you both, yes i did not know it was a tab, i added it, thank you very much