The Multi-currency feature of MoneyWorks Gold allows for purchasing and sales to be made and tracked in more than one currency, and for bank accounts and accounts receivable/payable to be held in a currency other than the local one.

The steps for setting up multi-currency are simple:

  • Enable multi-currency (it is off by default);
  • Specify the new currency to use;
  • Create the general ledger control accounts needed for the currency);
  • Create any customers or suppliers that you deal to in the new currency;