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opening balance and currencies

 
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Mandie



Joined: 28 Aug 2006
Posts: 2

PostPosted: Mon Aug 28, 2006 9:45 am    Post subject: opening balance and currencies Reply with quote

Hello. I am having trouble setting up my opening balance and also changing my default currency to Euros with other accounts being in GBP. ANy help would be appreciated as I have spent so long trying different things I am geting confused!
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stanbusk
Site Admin


Joined: 28 Dec 2005
Posts: 2186

PostPosted: Mon Aug 28, 2006 3:38 pm    Post subject: Reply with quote

If your default currency is EUR then open the preferences and set the format there. Then set those euro accounts with the 'Default' currency. Don't select EUR anywhere. Then create your GBP accounts selecting the GBP currency. You can find more info on how currencies work here: How to Handle Currencies

Opening balance is explained here: Opening Balance
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