Making reports in different currencies

You will usually report your balance sheets and profit and loss statements in the base currency of your company. For international companies, it may be necessary to prepare these reports in other currencies. In Visma Net, you can translate your ledger to a different currency to get the reports needed.

  1. Go to theLedgers (GL201500) window.

  2. Click to add a new row.

  3. Enter a ledger ID and description that reflects the currency you will use this ledger for.
  4. Select Balance type reporting.
  5. Select the correct currency.
  6. Click .
  1. Go to the Translate definition window.

  2. Create a Translation ID for your new currency ledger.

  3. Click to select your actual ledger as the Source ledger ID and newly made reporting ledger as the Destination ledger ID.
  4. Click to add a new record and select the accounts and subaccounts to include .
  5. Select your preferred Translation method and Rate type.
  6. Select the check box Active.
  7. Click .
  1. Go to the Prepare translations window.

  2. Click to select the Period and Translation ID.

  3. Click Create translation.
  4. If necessary, edit any of the amounts.
  5. Click Release.

Now you can select the new reporting ledger when you want to make a report for that currency.