MULTI CURRENCY & FOREIGN TAX CODES

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  • Updated 3 years ago
We've set up multi-currency bank accounts/debtors/creditors.  

We've also set up separate GST codes to attach to the foreign sales & purchases as we need to report and pay the foreign countries the GST/VAT etc.  

We've set up foreign GST control account but we can't select the currency we want to use for a tax control account.  

If we enter the sales and purchases in the foreign currency, will the GST reports show in AUD or the foreign currency?  Will the foreign currency GST control accounts show in AUD or their correct  currency? 

Thanks 
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Pam

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Posted 3 years ago

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