Currency Gain/Loss Account
Currencies help you automate accounting for sales and purchase in foreign currencies.
By the time sales or purchases are paid there may be a different exchange rate in effect.
Big Business posts any variance to the account you maintain for Currency Gain/Loss.
To create an account, use the Acccount card tool to add a new account of type Income. Set the Account Code and Account Name to fit in with your existing chart of accounts.
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