Currencies and rates
Amounts are stored in the operation currency and converted to the functional currency of the legal entity at the rate on the date. Rates arrive on their own from five national banks, and a manual rate, if you set one, is never overwritten.
Plan From the “Accounting” plan.
What is inside
- Daily load of official rates from the Bank of Russia, the National Bank of Kazakhstan, NBKR, CBU and the Bank of Mongolia
- Only currencies the organization actually uses are loaded
- A manual rate for a date is not overwritten by the automatic load
- Revaluation of currency balances as a routine operation at period close
- Contracts in conventional units with amount differences
- Currency purchase and sale with exchange differences
- Field precision is designed for amounts in soums and tugriks
Limits
The rate for a currency not published by the national bank is set by hand.
Frequently asked questions
Can I keep the books in several currencies at once?
Yes. Each account and operation has its own currency, and reports are built in the functional currency of the legal entity.
Where does the rate come from if an operation falls on a weekend?
The last rate published by the national bank as of the operation date is used.
Use cases with this feature
Other features
Start with a bank statement
Upload last month’s statement and see your cash flow before setting anything up. If you need to move from 1C or work in several countries, we will show it on your data.