c19
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Posts posted by c19
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On 2/25/2022 at 11:00 AM, c19 said:
The NCH help file states that if you want to use multiple currencies you must open multiple businesses. However this presents a problem in terms of reporting. How do you produce ONE integrated income statement and balance sheet (since it is after all really one business and using multiple businesses is a concession to the way NCH software works).
I found the answer to my own query. There is a consolidated report function that allows multiple businesses to be combined and the average currency exchange rate to be set.
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The NCH help file states that if you want to use multiple currencies you must open multiple businesses. However this presents a problem in terms of reporting. How do you produce ONE integrated income statement and balance sheet (since it is after all really one business and using multiple businesses is a concession to the way NCH software works).
What to do about automated invoice # duplication when using multiple currencies
in Express Accounts
Posted
Since NCH requires you start separate businesses in the system for each currency, this presents a problem, since automated invoice numbers are now duplicated - even though these are all for the same business.
Would using different prefixes solve this? Even though you might have the same number, the prefix would differ. E.g. EUR123 and GBP123.