Watch a video about currency management in Uniconta here.
General journals in Currency
In Uniconta you can post in currency. I The accounting journal can be used to enter amounts in currency. If a foreign currency code is specified, the amount must be entered in amounts in the currency fields, either in:
- Debit(Currency),
- Credit(Currency) or
- Amount Currency.
If you enter currency code and only amounts in the default currency amount fields, you will get errors when checking the draft or posting the draft.
If the fields Currency, Debit/Credit (Currency) or Amount Currency are not visible in the accounting journal, it can be inserted via the Layout button in the ribbon or by right-clicking in the field header and clicking Select fields or with our shortcut key 'ALT-F'.
Amounts in currency are automatically converted to standard currency based on the exchange rate on that date. For example, if it is a deposit or withdrawal and the converted amount does not match the amount in the bank, you can overwrite the amount in Debit/Credit with what is actually booked in the bank.
Any exchange rate difference is automatically posted to the System Account Exchange Difference. Check the System account field in the Chart of accounts and locate the account where the system account is listed.
On booked financial items, you can see amounts in both currency and standard currency.
All currency fields are inserted here for the sake of example.
You don't need both Amount Currency and Debit/Credit (Currency), as they correspond to each other.
In Amount Currency you can enter the amount with no sign = debit or with minus sign = credit. Debit/Credit (Currency) is then automatically filled inand vice versa.
Unsigned Amount in Amount(Currency) = Debit
Amount with minus sign in Amount(Currency) = Credit
TIP!
If you have a bank account in currency, it is a good idea to create a special Journals to account for this account, where the fields Debit(Currency), Credit(Currency) and Amount Currency are inserted and saved in the layout.
Alternatively, a new Layout, e.g. called Currency, can be created in the daily accounting journal, where the currency fields are included. See the description of changing and saving new layouts in screenshots .
Enforce equalization
If a foreign payment is registered in DKK, you can enforce the equalization on the line using the 'Enforce equalization' field.
