Accounts in other currencies
Each company keeps its books in one currency, set when you create it. Accounts in other currencies post at the day's exchange rate, and the difference is booked as a gain or loss.
Updated September 29, 2026
Steps
Step 1: Set Books kept in when you create the company: the currency of its own bank account and tax returns.
Step 2: Connect or import accounts in any currency as usual.
Step 3: Accountable converts each transaction at the day's rate and books exchange gains and losses at month-end.
Good to know
- Books kept in is fixed once the books have entries.
- Group statements across companies in different currencies use the group's Reporting currency.