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Exchange Rates

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Exchange rates allow you to specify exchange rates for currencies you are using in MYBOS in order to properly calculate currency exchange gains or losses.

 

By default, MYBOS contains in-built exchange rates which are used if no exchange rates are entered. In-built exchange rates are not meant to be accurate. They act as a placeholder until accurate exchange rates are entered.

 

If you are using multi-currency, you should enter exchange rates at least once a month.