Multi Currency

Robyn Cozens Member Posts: 6 Reckoner

December 2020 in Accounts Hosted

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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  Acctd4 Accredited Partner Posts: 4,123 Reckon Accounts Hosted Elite Expert

  December 2020 edited December 2020

  If based in Australia, I’d recommend setting the home currency as AUS because this is what your GST/tax reporting will need to be be in.

  

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