How to make entries in another currency in Finplan?
Learn how to record entries, such as income and expenses, in another currency in Finplan.
Are you outside your home country and want to record entries in another currency in Finplan? Or are you in United States receiving income in something other than USD?
In this article, we explain how to make entries in another currency in Finplan.
Recording income and expenses in Finplan
Before we go into how to record income and expenses in another currency, it’s important that you also know how to record transactions in your local currency first.
How to make entries in another currency
If you already know how to enter an income or expense, good news!
It’s the exact same process to record a transaction in another currency.
Step by step:
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Create your account in the other currency (example: a global account from Bank X);
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Go into the menu for creating income or expense;
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Select the account you created that uses the currency where you received or spent funds;
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Fill out the remaining required fields for the transaction;
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Complete the entry and add the transaction.
Done! It’s very easy. To finish, the process is the same as for daily entries — but crucially you must have the international account created with the correct currency.