Multi-currency

Question asked by Gabriela Lerner 8 years ago

Hi,

I receive payments and make payments in Dollar on Paypal. I used to record these type of transactions with the exchange rate entered in a previous business with clearbooks, but I can't remember how it's done and which accounts I need to set up. Can you remind me or point me to the right help file.

Thank you! Gabriela

3 Replies

Hi Gabriela,

Bank accounts in Clear Books can only report in the home currency and the foreign currency the account is created in.

If your Paypal account has multiple currency balances you will need to create a Paypal account on CB in each of the currencies that you receive money in.

Thanks John, it's all coming back now :-)

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