Since all entries are in one currency, no special software support for multiple currencies is needed — in principle, only single -
currency accounting software is required.
Not exact matches
Only a few years ago, China's current
account surplus was the largest relative to GDP among significant countries, it was holding its
currency down to maintain demand for its exports, and most
software used on its personal computers and videos on sale in its major cities were pirated.
What is a good way to record bank
accounts and especially
currency conversions in personal bookkeeping
software so that I come close to achieving my goals?
* For background see question Good way to record
currency conversion transactions in personal
accounting software?
I also studied the foreign
currency support in the
accounting software I was using (GnuCash), and I quickly found that the
software did not balance my
accounts correctly when multiple
currencies were involved.
RMTs, which included the buying and selling of in - game
currency, items, and / or
accounts, are all violating
software license agreements and / or terms of services agreements each player agrees to when they sign up.
NXT is an open - source application platform which offers products such as asset exchanges and monetary systems for those wishing to launch their own digital
currencies; data cloud storage
software, voting systems,
account control for decentralized autonomous organizations (DOAs); and a blockchain creation kit for developers to launch their own blockchain platforms on the Nxt ecosystem.
It wasn't all that long ago that the thought of an
accounting software system handling multiple locations, multiple
currencies, multiple entities of ANY type...
NREI: As your technology products and
software solutions go global, how do you
account for all the different tax rules,
currencies and languages?