Hi,

We are doing monthly payments to multiple invoices in a foreign currency. We need to keep track of which monthly payment went to which invoice in Adagio Payable.

When we go to apply the payment to an invoice how do we add additional accounts to the entry?

For example, we are paying 100,000 Swedish Kroner against an invoice. I go into Adagio Payable, select Checks, select the vendor and select the invoice to apply the payment to. It debits the 100,000 out of our Swedish Accounts Payable account but we want $16,000CAN credited to the Bank Account and the difference Credited to our exchange account instead of the 100,000 credited to the Bank Account.

Is there a way to do this without doing an adjustment entry in Ledger.

We don't have multi-currency operating yet.

Any suggestions would be helpful.

Thanks.

Get MultiCurrency operating!

Thanks Andrew. My Boss didn't believe me when I told him that. He wanted a second opinion.

Mine may not count.

You need Multi-currency. But the bigger question is how to get Multi-currency operational if you are using more than GL and AP.

It is doable, but is not a trivial conversion and integration to an existing single currency site that already has data posted to otherwise foreign currency control accounts. You will need assistance from your Adagio consultant to make this happen correctly.

Best,
Brian