Forum Message

Bank accounts in multiple currencies

Does solar accounts support bank accounts in multiple currencies.
I have a euro and a dollar account.

What is the biggest size company solar accounts is suitable for


Posted by Stephen Carder on Oct 28, 2009 6:49 PM GMT

Hello Stephen,

Sorry no, Solar Accounts doesn't support multiple currencies. You would need to record the bank balance and transactions in UK pounds at an appropriate exchange rate. You will also need to record periodic adjustments to your bank balance to reflect the change in the exchange rate.

Solar Accounts is only designed for small businesses. If your business has more than 10 employees, you will probably be better off with a software package that includes a dedicated payroll feature.

Regards,


Posted by Mark McLaren (Solar Accounts) on Oct 29, 2009 9:34 AM GMT

Shame as this package looks really promising, good luck SOLAR and I do hope some day you will do something for multi currency as small businessesses are now looking abroad for volume sales as the "home" market has almost dried up in spending!

Do let us know, we would love to switch to you guys in the future!


Posted by Ash D on Nov 9, 2009 7:21 PM GMT

Hi Ash,

Thanks for your feedback - we'll record your email to be notified in case we add this feature in future.

Regards,


Posted by Mark McLaren (Solar Accounts) on Nov 10, 2009 9:31 AM GMT