• Overview
• Cash flow forecast
• Transfer of funds
• Currency exchange
• Working in several currencies
  • Simplifying the accounting
  • Losses and gains
  • Choice of currency
  • Exchange rate for accounts

• Case studies
• Resources

Simplifying the accounting

Maintain separate records for each currency e.g. separate pages in the cash book.

Make sure that any exchange of one currency into another is shown both as a payment in the records for the currency that was sold and as a receipt in the records for the currency that was purchased.

See for example the two team member cash books in Cash - resources or the two cash and bank books in Systems - resources.