Multi Currency

Robyn Cozens
Member Posts: 6 Reckoner

I'm trying to set multi currency up but I'm finding it a little unclear for me. The business is based in Australia but mainly (not always) trades in $US. Is the home currency US or AUS?
Merry Christmas and Happy New Year
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Comments
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If based in Australia, Iād recommend setting the home currency as AUS because this is what your GST/tax reporting will need to be be in.
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
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