Account Hosted Multi Currency - Bank in foreign currency
Lusia
Member Posts: 3 Novice Member
Hi,
We are using Reckon Hosted multi currency with USD as our base currency. However, we only have AUD bank account.
We could issue invoices both in AUD and USD with its respective A/R in AUD and A/R in USD. However when we receive the payment from overseas in our AUD bank account, I still can do "Receive Payment" for the USD invoice, however I can't record the deposit into my AUD bank account.
It would be great if you could advise.
Cheers,
Lusia
We are using Reckon Hosted multi currency with USD as our base currency. However, we only have AUD bank account.
We could issue invoices both in AUD and USD with its respective A/R in AUD and A/R in USD. However when we receive the payment from overseas in our AUD bank account, I still can do "Receive Payment" for the USD invoice, however I can't record the deposit into my AUD bank account.
It would be great if you could advise.
Cheers,
Lusia
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Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
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