T_L
November 1, 2025, 4:30am
1
Hi,
Today i see my Asset amount is incorrect.
Found out that the starting balance of all my foreign currencies are not converting to the base currency value.
Example i have an account with USD 12,500 as starting balance, on my retain earning is showing SGD (My base Currency).
The issue starts today. Kindly help.
T_L
November 1, 2025, 4:41am
2
Sorry for the add on,
i also found that there used to be a field to add conversion rate while adding starting balance to a new account previously, seems like it has been removed. Is this the cause of the foreign currency not converting to base currency?
starting balance not converting to to the base currency amount?
Agree with you
Purchase invoice and sales invoice starting balance. foreign currency don’t work.
lubos
November 1, 2025, 11:13pm
4
Actually it was working a bit differently. What was missing was starting exchange rates. This has been now implemented:
The latest version (25.11.2) is adding Exchange Rates screen under Starting Balances screen within Settings tab. Let me demonstrate how it all works.
Let’s say your base currency is EUR:
[image]
And you have USD foreign currency:
[image]
Now, we create foreign currency bank account in USD:
[image]
To setup starting balance for USD bank account, go to Settings, then Starting Balances and you will see the following options:
[image]
Let’s setup starting balance for USD bank account to …
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