Tally Prime - Complete Accounting with Tally > Multi - Currency

How to Record Multi - Currency Transactions in TallyPrime

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The term multi-currency is used to describe a transaction that involves more than one currency. This is also known as a "cross-currency" transaction.

To record multi-currency transactions in Tally, you need to select the currency for the transaction and then enter the amount of money that is being transferred. To do this, go to Transactions > Enter Transaction > Select Currency and enter the amount of money that is being transferred.

The benefits of recording multi-currency transactions in Tally Prime are as follows:

  • It helps in the reconciliation of the transactions.
  • It improves accuracy and consistency.
  • It helps in the understanding of the international financial reporting standards.
  • It is a great tool for banks to manage their foreign exchange risks.

The steps for recording a multi-currency transaction in Tally Prime are as follows:

  • Start Tally Prime.
  • Enter the date and time of the transaction in the ‘Date’ field and press enter to save it.
  • In the ‘Accounts’ tab, select the account from which money is being withdrawn or deposited and enter the amount of money that is being transferred in the ‘Amount’ field on the top of it.

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A
Anil Ramrao Ibtewar
5

good

I
Ijhar ansari
5

goods

A
Adnan Imteyaz
4

i am not able to download assignments. kindly help me out

S
Suraj
4

sir 120 ka 18percent kr raha hu to 21.6 aa raha hai mera to

D
DEBOJEET GANGULI
5

Thank You Learnvern to Tally Prime Course

C
Chaitali Rangi
5

Sir tally prime me voucher date change kaise kare F2 se date change kiya fir bhi nai ho rhi hai date change

S
Sujeet Kumar
5

SIR why showing Dr balance when payment paid to convence exp journal entry is Convence Exp dr. 5000 To cash & bank 5000

P
Purnimaben Ramabhai mahera
5

Good

G
gopal sharma
5

how you save with Ctrl+S it's the wrong shortcut for save, the right shortcut is Ctrl+A in TallyPrime

S
Srinivas Msty
5

Nice explanation about overall concepts explained simply

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  1. How to Install Tally Prime
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  1. How to Create Company in Tally Prime
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  1. Understanding Masters in Gateway of Tally Prime
    11m 58s
  2. Understanding Transactions, Utility & Reports in Gateway of Tally Prime
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  1. Performing Accounting Transactions in Tally Prime
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  2. Assignment of Accounting transactions
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  1. Performing Business Transactions in Tally Prime
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  1. Generating Basic Reports in Tally Prime
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  2. Goto option in Tally Prime
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  3. Assignment of Business transaction & basic reports
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  1. Introduction to Inventory
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  2. Unit of Measure in Tally Prime
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  3. Stock Category in Tally Prime
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  1. GST Introduction
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  1. ITC Adjustment & ITC Set Off in Tally Prime
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  2. GST Return Forms with Example in Tally Prime
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  3. GST Setup & Inventory Setup in Tally Prime
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  1. Create Purchase Transaction in Tally Prime
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  1. Generating GST Reports in Tally Prime
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  2. ITC Adjustment in Tally Prime
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  3. Assignment of GST Sales Purchase
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  1. Introduction to E-Way Bill
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  2. E-way Bill Using Tally Prime
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  3. Career as Data Entry Operator
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  4. Assignment of E-Way Bills
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  1. Banking Utilities in Tally Prime
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  2. Banking Transaction & Cheque Printing in Tally Prime
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  3. Compound Interest Calculation in Tally Prime
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  2. What is a Point of Sale in Tally Prime
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  4. Assignment Of Sales Process
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  5. Assignment of POS
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  2. Manufacturing Process Transactions in Tally Prime
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  2. Batch Details in Tally Prime
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  3. Assignment of Batch Detail
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  4. Assignment of item cost tracking
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  1. Manage Buying and Selling Prices in TallyPrime
    17m 45s
  2. Assignment of Price list
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  1. What is Multi - Currency
    8m 16s
  2. How to Record Multi - Currency Transactions in TallyPrime
    15m 51s
  3. Assignment of Multi Currency
    3m 13s

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  1. Record Sale of Mixed Supply in Tally Prime
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  2. GST Report of Mix supply in Tally Prime
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  1. Financial MIS Report in Tally Prime
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  1. Versions of Tally
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  1. Course Summary
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  1. Interview Questions
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  1. Career Guideline
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