MYOB Advanced Training - Finance - Currency Management

The Currency Management module has the functionality to use multiple currencies in MYOB Advanced. You can record foreign currency transactions throughout the Finance, Payables, Receivables, Sales Orders, Purchase Orders, and Banking modules. You can maintain lists of currencies, track exchange rate fluctuations, and do revaluations for currency-denominated accounts and produce documents in foreign currencies with automatic calculation of gains and losses resulting from exchange rate fluctuations.

Currency Revaluation Process 
To revalue accounts that are maintained in a foreign currency, select a foreign currency to display all accounts maintained in this currency, select the specific accounts to be revalued, and provide a description for the revaluation. You can revalue the accounts at the end of each period as often as needed to accurately reflect your cash position.