![]() ![]() You can provide opening balance for ledger accounts in any currency created in TallyPrime. Moreover, you can define exchange rates for a specific currency with respect to the base currency, and also calculate forex gain or loss. Multi-currency in TallyPrime enables you to record vouchers in a foreign currency and view reports in a specific currency as needed. Base currency is the primary currency used in all the transactions, unless you create other currencies and use those in the transactions, based on your business need. You will need to use foreign currencies in your transactions based on the currency in which your customers want the invoice, the geographical location in which the transaction is carried out, or other such reasons. In TallyPrime, you can define the base currency at the time of Company creation. In your business, when you need to do transactions in more than one currency, you can create multiple currencies in TallyPrime. ![]() PDF Multi-Currency Accounting in TallyPrime ![]()
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