I have looked on the forum and done a google search for topics, but not seen one that addresses the following (I might be blind and have not seen something that is right in front of me):
I our country inflation is running at hundreds of percent, maybe even thousands of percent. The currency unit that was 1:1 with the USD in February last year is now 25:1 at the official rate and 50:1 at the real market. I have been running the local unit as my home currency as is required by law and the USD as a foreign currency with a weekly updated rate and this has worked well. Local tax law allows me to deduct the exchange rate gains from my profits since the are mostly the result of delayed payments.
At the end of March the government legitimized the general use of foreign currency, subject to certain restrictions, whereas before one could only transact in these currencies when dealing with NGO’s and the like. It therefore seems only a matter of time before the unit of account will move to the USD since fewer and fewer people will find it acceptable to take funny money instead of real money. This will be the second time this has happened.
Is there a way I can change my home currency without setting up a new company file? I run the server version of you application on a local server and I have paid for a full licence. I note this so that you can know that I am not a freeloader. I am sure other users in my country (Zimbabwe) will be coming to this crossroads too.