Accounting & Finance Mar 11, 2026

Multi-Currency & Tax

Multi-Currency

Screenshot: Currency settings with exchange rates

Go to Currency in the sidebar to manage currencies and exchange rates.

  • Base Currency — Primary operating currency (exchange rate = 1)
  • Secondary Currencies — Additional currencies with exchange rates
  • Rate History — Track exchange rate changes over time

Conversion formula: base_amount = amount / exchange_rate

Tax Management

Screenshot: Tax configuration screen

Configure tax rates from Tax Configurations in the sidebar.

Tax TypeRateDescription
VAT Standard15%Standard value-added tax
VAT Reduced5%Reduced rate for specific goods
VAT Exempt0%Tax-exempt items

Tax Accounts

  • VAT Input (Account 16) — Tax paid on purchases (debit nature)
  • VAT Output (Account 2131) — Tax collected on sales (credit nature)