CAPITAL Office Business Software

Hi

If the currency of a bank account is set to a currency other than AUD, will all transactions then work with the set currency?

Looking at setting up a company which operates in a different currency rather than AUD.

Thanks
James

If your entire company is in a different currency, such as USD, then you shouldn't assign a currency code to any of its bank accounts.

Only assign a currency code to a bank account if it is in fact a foreign currency bank account relative to the base currency of the company.