Starting Balance for Foreign Currency

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.

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.

Actually it was working a bit differently. What was missing was starting exchange rates. This has been now implemented:

2 Likes

Noted. Thanks lubos.