Currencies

Accounted 2.0 gives you the ability to track multiple currencies and automatically update exchange rates from Studiometry or from the internet. Transactions can be set to each currency, and can grab exchange rates or store exchange rates on a per item basis.

To enable and edit your currencies, navigate to the Company Menu > Company Settings window, and select the Currencies tab. Check the "Enable Currencies" checkbox to enable currency calculation throughout the program. You can the select how you'd like the currencies to be updated:

Internet: Accounted will download and update your currency exchange rates periodically. You simply add which currencies you'd like in the program and Accounted will do the rest.

Studiometry: When you sync from Studiometry 6.1.3 or newer, Accounted will automatically grab currency information, settings, and exchange rates. This will also allow you to easily view imported items in their native Studiometry currency. Using this setting will automatically overwrite your currency information and not allow you to modify currencies in Accounted.

None: You can manually update exchange rates and currencies whenever you'd like. Accounted will leave them alone!

Currencies can be applied to each transaction. In the case of split transactions, one currency must be applied to the entire transaction. The currency of a transaction can be modified in the transaction editing window. You can also view the exchange rate here.

Your default currency is very important, as many totals and reports will appear in your selected default currency. You can modify the default currency by using the Currencies section, selecting the desired currency, and pressing Set as Default.

Currencies are saved on a per-company basis. If you manage multiple company files with Accounted, you can have custom currency settings and exchange rates for each company file you use.