Currencies and exchange rates

Accounting › Exchange rates.

Your legal entity has a functional currency, the currency its books are kept in. You can raise invoices and bills in other currencies (GBP, USD, EUR, CAD and AUD are available).

• Each foreign-currency posting is converted to the functional currency using the exchange rate for its date.
• Reports show each currency separately. VexLedger never silently adds one currency into another.
• If a rate is missing, figures that need it show as n/a rather than an estimate.

The Exchange rates screen shows coverage for each currency and a list of rates you can filter by currency and date range. To enter a rate yourself, choose Enter a rate by hand, then the currency, the Effective date and the rate, and select Save rate. The screen also shows when rates were last updated.