Forum Discussion

YokoT1205's avatar
YokoT1205
2 years ago

Foreign Currency in MYOB Business Pro

Hi.  I tried looking into this community page for the answer but I couldn't so hopefully someone could help me.   Currently I'm on Business Pro plan, and I need to connect my foreign currency bank...
  • Steven_M's avatar
    Steven_M
    2 years ago

    Hi YokoT1205 

     

    Our AccountRight Premier product range allows the user to set up and record transactions in a foreign currency. This is not a feature of MYOB Business Pro.


    If you do have MYOB Business and you do need to record the one-off or a small number of foreign currency transactions, converting it to the local currency equivalents and then recording that in your software may be the way to go. If it's more long-term and frequent using AccountRight Premier would be the recommendation.

Steven_M's avatar
Steven_M
Former Staff

Hi YokoT1205 

 

Our AccountRight Premier product range allows the user to set up and record transactions in a foreign currency. This is not a feature of MYOB Business Pro.


If you do have MYOB Business and you do need to record the one-off or a small number of foreign currency transactions, converting it to the local currency equivalents and then recording that in your software may be the way to go. If it's more long-term and frequent using AccountRight Premier would be the recommendation.

sues0204's avatar
sues0204
Trusted Cover User
2 years ago

are there any plans for multi-currency feature for MYOB Business?  Given how "small" this world is these days, multi-currency is increasingly a part of many Australian businesses, and should therefore be a part of business accounting software.

 

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.