Multi Currency Entries in Tally (Notes)

Basically we are performing accounting operations in the format of Indian currency only.

Some times NRI persons invert amount in the format of Non-Indian currency means. We note to convert capital amount in to Indian currency format.to perform this concept we have to specify Necessary setting's.

Currency Symbols

Setting:-1
1. Go to accounting vochoures
2. Press F11 key
3. Press F1 key
4. Allow multi currency = Yes

Setting :-2
1. Go to account info
2. Go to currency’s
3. Go to create
4. Create currency symbol($)
    Currency name (dollar)

    Enter

5. Press Esc button

6. Goto rates of exchange and enter exchange value.
      $ --- 67 ---- 67 --- 67

Problem 1

1. Ajay (USA), Sekhar (Itali), Dinesh (London) Invested 750 $(Dollars),830 Euros,500 Pounds invested our Country.

    1$(Dollar) =67 Rs/-

    1E(Euro)   =71 Rs/-

    1P(Pound) =84 Rs/-

2. Cash Deposited into SBI 150 Pounds

3. Furnicher Purchased 13,000 Rs/-

4. Donation Received 170 Dollars

5. Power bill paid 5 Euros

6. Office Expns 230 Pounds

7. Salary Paid 90 Euros

8. Cash with draw from bank 10,000 Rs/-

9. Cash paid to Wipro Ltd 190 Dollars

10.Commission Received 120 Euros

11.Cash Received from Wipro Ltd 50% Dollars

Problem 2

1. Avinash (USA), Sravani (Japan), Manoj (London) Invested 470 $(Dollars),80,000 Yens,900 Pounds invested our Country.

    1$(Dollar) =67 Rs/-

    1Y(Yen)    =1 Rupee.68 Paisa /-

    1P(Pound) =84 Rs/-

2. Cash Deposited into Andhra Bank 18,000 Yens

3. Mobile Purchased 25,000 Rs/-

4. Inteast Received 270 Dollars

5. Internet bill paid 600 Yens

6. Office Income 230 Pounds

7. Salary Paid 90 Dollars

8. Cash with draw from bank 10,000 Yens

9. Cash paid to Prakasah 15,000 Rs/-

10.Commission Received 1200 Yens

11.Cash Received from Prakash 70% Yens

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