Multicurrency: Deposits

When you add a deposit, you associate a currency with it, and you can also select the exchange rate to use to convert the payments in the deposit to the currency associated with the deposit’s bank account. Also, you can select the exchange rate to use to convert the bank account currency to the base currency of the account system associated with the bank account.

When the payment currency and the deposit’s bank account currency are different, the Deposit page displays the deposit amount in both currencies. The Deposit amount field in the summary section shows the amount in the bank account currency. Under Payment information and deposit projections, the Actual amount field displays the amount in the payment currency. The Details tab on the Deposit page displays the Organization amount, Base exchange rate and Organization exchange rate for the deposit.