How to tutorials

Currencies Overview Video

An easy to follow and step by step video tutorial on the currencies capabilities of the Financials for Office 365 Lite Edition.

You must set up a code for each currency you use if you:
- Buy or sell in other currencies besides your local currency (LCY).
- Record general ledger transactions in both LCY and an additional reporting currency.

After setting up the codes, assign the appropriate code to each foreign currency bank account, and assign a default currency code to foreign customer and vendor accounts.