FAQs

Suppose you want to convert a particular amount from JPY (Japanese Currency) to USD (US Currency). The precision for both currencies is set to 2. The amount you want to convert from JPY to USD is 223.45. The USD amount will be 1.47396. Since the precision is set to 2, the USD amount will be …

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The currency rate is the value of a currency in terms of another currency. Suppose you have three accounts, A, B, and C, for your company, and each account has USD, Euro, and CAD, respectively. Now, if you set USD as the base currency, the other two currencies should be converted to USD. For example, …

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The base currency is your company’s currency. In the Ever Accounting plugin, you may use multiple accounts with different currencies. These accounts’ incomes, expenses, and profits are converted to the pre-selected base currency.

The Default Account is recognized as the main account or the company account with the base currency. You can also have multiple accounts, with each account using different currencies for transactions.

To get started with Ever Accounting, follow the quick setup wizard to enter your company details after installation. If you wish to change the company settings later, you can do so from the Settings tab. In the Currency settings, you can set your base currency and configure exchange rates for other currencies. Keep in mind …

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