Foreign currency

I have set up my manager accounts, and have set my Main currency to USD, I have also set up Zimbabwe dollar currency as another currency, how does this convert the zimbabwe dollar into USD?I am confused.

Use multiple currencies | Manager
Define foreign currencies | Manager

Also Settings/Currencies/Exchange rates

Good day

Please provide the Exchange rate for Zimbabwe dollar to USD dollar.

Thank you

Johanna

Also kindly advise how to I input in the daily exchange rate, as in Zimbabwe it is changing daily

Please read the guides @Joe91 linked to it shows you how to enter and deal with exchange rates. Note that you have to enter the exchange rates yourself!

Today’s rate is ZWL 16989.59

Do I divide this amount by a decimal

Yes enter 16989.59

Please can you advise me how to set my base currency in USD and then how to set up multi currencies, In Zimbabwe we have a new local currency called ZIG, how do I do the exchange rates and will this then base all my accounts in USD.

Please I need step by step as this package is new to me

A quick search of this topic, and indeed, the forum or guides (www2.manager.io/guides) would have found the information you are asking for

Welcome to the forum, but in the future, please search before posing a question

Use multiple currencies | Manager
Set base currency | Manager
Define foreign currencies | Manager