c19 Posted February 25, 2022 Share Posted February 25, 2022 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). Link to comment Share on other sites More sharing options...
elk Posted February 25, 2022 Share Posted February 25, 2022 The program does not allow to use different currencies in one single business, that is why it states you need to create a new business to manage another currency. Since they work as separate businesses, reports cannot be integrated. NCH Software formally takes suggestions or feedback about products through the form at http://www.nch.com.au/suggestions/ Link to comment Share on other sites More sharing options...
c19 Posted February 27, 2022 Author Share Posted February 27, 2022 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. Link to comment Share on other sites More sharing options...
JosephHolland Posted July 11, 2022 Share Posted July 11, 2022 Thanks for sharing the problem solution as well because I also want to know it and was about to post the topic but found my answer already over here. I am glad I found your post. I was searching for professional dissertation writing services online through which I can hire a professional essay writer to write my assignments and while searching for it online, I found your post. Link to comment Share on other sites More sharing options...
GRH Posted July 12, 2022 Share Posted July 12, 2022 Thanks to c19. Just in case anyone is wondering where that report function is, you will find it it by clicking the 'Reports' button and choosing 'Consolidated reports' or from the list that appears on the left. Link to comment Share on other sites More sharing options...
JohannaPeden Posted November 7, 2022 Share Posted November 7, 2022 Thanks. Link to comment Share on other sites More sharing options...
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