How to enter Multi Currency in Tally 9 : PART I

15 thoughts on “How to enter Multi Currency in Tally 9 : PART I”

1. sir,i want to know —
   how to enter multi currency in tally 9??
   how to enter sale entry with two different rates of tax??????

   tanu sharma
   aima finance

   1. Tanu,
      for multi currency, I have already wrote two articles and I believe that it will give you a clear idea on the same.
      For entering two different rates of tax, make changes in your sales voucher configuration by F12 set use common ledger for item allocation set to no. If you face any specific problem then revert to me here or at my mail ID

      1. 1.I am facing problems in Multi currency with customer Ledger I no want show there any forex gain &loss transactions.
         2. My basic currency is USD other currency is local but my all sale in local market and all dealing in local currency, problem is there if I am taking debtors list then I have to mention rate the, but cocal currency rate change many times I need debtors list in actual local currency.
         Please suggest me for all 2 problem if possible

2. Dear Sir,
   Does the Part 2 exist?

   I have a problem with forex gain/loss as Tally is using different rates for calculation than I am specifying. Eg. I put 45 entry rate and 40 sale rate. Difference should be 5 but in Tally I am getting only 2.

   Is there any possibility to remove this feature without losing multi currency?

   Thanks a lot,
   Gyaneshwar

   1. Gyaneshwar,
      Have you checked category for multi currency/forex entry in tally ? I have posted two articles there.
      About your problem, I am not able to understand what do you mean by entry rate (rs 45) purchase price ?
      If possible please send me screen shot. so that I can understand exact problem
      What feature you wanted to remove ?
      tell me exact from where in tally you want modification ?
      Let me explain you how forex in tally works
      You sale goods on a rate say 1USD $ 45 on date 20.8.2010
      now u get realisation at a rate of usd $ 46 on date 25.8.2010 here Rs. 1 will be your forex profit and the same will be calculated 100% perfectly in tally. If not, then do let me know I will post it and will send you screen shot.

3. Dear sir,

   we have expot import so in our bank eefc a/c dollar a/c how to maintain pls give valuable suggetion.

   Tks
   Ranjith.d

4. I am an accountant working in dubai, using Tally ERP9,we are dealing in multi currency therefore, please explain me the reason of getting unadjusted forex gain and loss in the party a/c as well Trail Balance, at present i am adjusting through JV with F option, but every month the same a/c is repeated. Why? and how to avoid it.

5. 1. How i create $(US dollar) in tally9.0?
   2. what is the method of “rate of exchange” in tally?
   3. please! Give a example of sales -export.

6. Sir,

   What are the inventory reports available in tally 9

7. Sir I am accountant in a trading company, i am facing the problem of Unadjusted Forex Gain/Loss, i learn from your article that Journal Entry Should passed for ajdjusting Forex Gain / Loss but Sir, problem is that when i enter Payment in multi Currency e.g. INVOICE AMOUNT: AED: 1000.00 AND PAYMENT AMOUNT: AED: 1000.00, after entering payment voucher i see Unadjusted Forex Gain/Loss with Same amount, equal to AED: 1000.00, PLZ help me for solving this problem. thanks.

8. I am facing problem of additional cost of Purchases , when i entered the Purchase INVOICE with Additional Cost , then the Payable amount of related Vendor is shown in full in his account. e.g. Purchase INVOICE AMOUNT= AED. 1000.00 ADDITIONAL COST ON PURCHASE: AED: 100.00, after entery of PURCHASE INVOICE, the Supplier Account Show OUTSTANDING AMOUN= AED: 1100, instead of AED. 1000, Kindly help me regarding this problem.
   thanks

9. Respected Sir/madam

   I would like to know how to maintain EEFC A/C In foreign currency in tally erp9.how to pass entries according to bank statement of eefc a/c in foreign currency and where to check/match my eefc a/c bal in foreign currency with bank statements.pls help me regarding this.waiting for your very early reply.

   Thanks & Regards

   Divyesh M Thaker.

10. Sir I am accountant in a trading company, i am facing the problem of Unadjusted Forex Gain/Loss, when i enter Payment in multi Currency e.g. INVOICE AMOUNT: AED: 1000.00 AND PAYMENT AMOUNT: AED: 1000.00, after entering payment voucher i see Unadjusted Forex Gain/Loss with Same amount, equal to AED: 1000.00, PLZ help me for solving this problem. thanks.

11. I have two bank account in ICICI Bank one EEFC a/c for doller currency and other current accunt for INR. Now $5000 is converted from EEFC and debit to ICICI Current account for rs. 300000/-. Now what entry I have to made. pls advise me.

12. sir pls send me all currency sign in tally..
    with name & sign

Comments are closed.