How do I register foreign currencies ?

Office Maker Finance is able to work with several currencies and to manage accounts in Swiss francs as well as in foreign currencies.

The currencies file is accessible via the Data menu.

By default, the main currencies are already registered, but you can create others or delete the currencies you don't use.

To create a new record, call the Action>New command or click on the New button.

A currency record consists of the following fields:

• Code: unique identification code that must respect the ISO 4217 standard, a list of which is available at https://fr.wikipedia.org/wiki/ISO_4217
• Name: name of the currency
• Rounding : By typing 0.05 for example, the number will be rounded to the nearest 5 cents.
• Divisor: The divisor is used when entering the exchange rates. With an appropriate divisor, this rate can be entered as it is usually published. For example, for the dollar, the divisor is normally equal to 1 (USD 1.08 for CHF 1.00); for the yen, it will most often be equal to 100.
• Profit Account: Number of the foreign exchange gain account.
• Loss account: Number of the exchange loss account.

For each currency created, it is essential to set an exchange rate by creating a record in the corresponding file.