How do I update Multi Currency rates when using Desktop Premier

Sara - Balancing Numbers
Sara - Balancing Numbers Member Posts: 75 ✭✭
in Reckon Accounts (Desktop)

Hi, I've taken on a new client that deals in many currencies. They have, and will continue to use, Desktop Premier.

I'm pretty sure I've never worked in Multi Currency in an off-line product. How do we ensure rates are current? Is there a standard website we hook into on the day transactions are created? I'm keen on a link to the best way to systemise this... the old bookkeeper had a very complicated system which was far from accurate.


Regards,

Sara

Answers

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,178 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hi Sara

    As Hosted isn’t in the cloud (it’s on Reckon’s servers), unfortunately exchange rates need to be added/updated manually 😬

    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

    [email protected]

    https://accounted4.com.au

    (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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