Options
Multi Currency
Malpak7679
Member Posts: 3
Dear All,
I want to ask that I have business in Singapore,, my base business currency is USD but i have local transactions in SGD. Furthermore Salaries and all the taxes paying in SGD. How can i manage and get the report in both currencies as i need to see my business position in USD and SGD both even balances also.
Beside that I have inter accounts transfers means from USD to SGD and SGD to USD with contracted exchange rate (not XE) and i want to record them with actual exchange rate how to do it?
0
Comments
Hi there @Malpak7679 , thanks for your message! I'm afraid that Wave supports single-currency businesses, so this is why reports are only available in your business' home currency. As well, right now it's not possible to alter the exchange rate in Wave, though we are working to make editing the exchange rate possible. As a workaround, you can create an adjustment entry to correct to the right balances in the accounts!