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FAQs

  • Tally Gateway > Vouchers > F8 (Sales).
  • Choose the name of the party a/c.
  • Enter the Quantity and the Name of the Item.
  • Enter the item's rate in the foreign currency requested.
  • Enter to see the Rate of Exchange screen, which looks like this:
  • Enter the current exchange rate.

A multi-currency system is accounting software that allows for trade in several currencies, making international buying and selling easier. Companies must do business in foreign and various currencies in today's global marketplace.

A multi-currency bank account is one that allows you to receive, send, and hold several currencies. A multi-currency account allows you to deposit and withdraw money in multiple currencies. It allows you to do transactions in multiple currencies on a single platform.

It's a form of bank account that lets you send, receive, and keep track of multiple currencies. A multi-currency account allows you to utilise a single account number for each currency type, rather than opening multiple bank accounts with distinct account numbers to keep track of.

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