Lists and Relationships

If currency is enabled, the following Lists and Relationships have a Currency tab that allows you to enter a default currency and rate type that will automatically default when you add transactions the respective entity:

  1. Chart of Accounts Currency tab allows you to specify foreign-denominated asset or liability accounts by entering a currency id and or default rate type for the account. The base currency balances of foreign-denominated accounts can be revalued using the Revaluation process.

  2. Customers Currency tab allows you to assign a specific currency ID and default rate type to an individual customer.