Multi currency feature in Tally.

ERP 9From Gateway of Tally Press button F11 --> F1--> Accounting Features --> enablet e o!tion "Allow Multi-#urrency $ Proce%ure to create &#'RRE(#)E*+ From Gateway of Tally --> Accounts )nfo --> #urrencies -->#reateT e ,ey combinations for a few currency symbols are gi-en below. 1. Alt / 101 2Poun% *terling - 3 2. Alt / 4110 2 5a!anese 6en - 7 3. Alt / 4189 2 Euro - : 4. 'se t e ;ollar an% t e Rs. *ymbol from t e <eyboar%#reate a foreign currency '* ;ollarGo to Gateway of Tally > Accounts )nfo. > #urrencies > #reate#reate t e !arty le%ger i.e.= from Gateway of Tally --> Accounts )nfo --> le%ger -->create t e !arty le%ger un%er "*un%ry ;ebtors$ an% enable t e o!tion "Maintainbalance bill-bybill$.#reate t e sales le%ger un%er "*ales accounts$ an% enable t e o!tion ")n-entory-alues are affecte%$ #reate t e "Fore> gain or loss$ un%er ")n%irect E>!enses$ #reation stoc< item i.e.= from Gateway of Tally --> )n-entory )nfo --> stoc< item -->create. Entries for multi currencyGo to Accounting -ouc er -->F9= sales an% !ass t e entry as s own below.After s!ecifying t e ?uantity !ress t e button s ift/@A button As soon as s!ecifying t e Rate you will get t e screen to mention Rate of e>c angeas s own below.Mention t e rate of e>c angeAcce!t t e bill wise %etails screen=An% t e sa-e entry=Pass t e recei!t entry against of sales entry= *!ecify t e rate of e>c ange as s own below*elect t e a!!ro!riate reference After !assing t e recei!t entry you will be getting t e "'na%Buste% fore> gainC loss$ int e Dalance s eet. )f your %rill %own on t e "'na%Buste% Fore> gainCloss$ you will get t e below screen=To a%Bust "una%Buste%fore> gain or loss$= !ass a Bournal entry creating t e class. #reation of Eouc er #lassFrom Gateway of Tally --> Accounts )nfo --> Eouc er Ty!e -->5ournal -->an%s!ecify t e "(ame of t e class$ clic< on enter an% enable t e o!tion "'se class for fore> gainCloss a%Bustments$ *a-e t e screen=

#reate a forex gain or loss ledger > under > indirect expenses (ow from Gate way of tally Accounting -ouc er >FF select t e class &una%Buste%fore> gain or loss+ *elect t e a!!ro!riate t e reference in t e bill wise %etails screen

*a-e t e entry=After !assing t e Bournal entry= go to Dalance s eet an% t e Forex gain or loss hasbeen adjusted.