In the following example the company has a JPY (Japanese Yen) bank account. The home Currency is GBP. The following Transaction is entered showing a sales transaction paid in JPY. The Sales Account is a normal sales account in GBP.

In the Transaction, enter the Yen Account number on flip A and the Currency on flip B. The current Exchange Rate is then brought in by FirstOffice and is visible on flip C. If you wish to change the Exchange Rate, you can do so (if so allowed by the Prevent Foreign Rate Changes option for the JPY Currency record), but note that this should be done before you enter any amounts and that the change will apply to this Transaction row only.

To enter a debit or credit amount, go to flip B and use the Cur. Debit or Cur. Credit fields. A figure converted to the home Currency will be placed in the Debit or Credit field as appropriate. Alternatively, enter an amount in your home Currency in the Debit or Credit field and a figure converted to the foreign Currency will be placed automatically in the Cur. Debit or Cur. Credit field.

Account 100 is a normal Sales Account in the home Currency. On the second row, enter the Account number as usual, and then select 'Balance Transaction' from the Operations menu. The converted GBP amount will be placed in the Credit field (visible on flips A and B):

If necessary, you can enter your home Currency in the Currency field for clarity, as shown in the illustration.

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