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VT Transaction+

Navigation: Multi-currency accounting

The recording of currency transactions

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When a currency denominated transaction is entered:

Profit and loss entries, VAT entries and other non-monetary entries are translated into base amounts at the exchange rate currently set up in VT Transaction+. Except that they can be edited, these base amounts are fixed

Currency entries are recorded at the currency amount entered. Except that they can be edited, these currency entries are fixed. A base amount is also entered, initially translated at the rate currently set up

To see how multi-currency works in practice in VT Transaction+, please refer to the Multi-currency examples.