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Feature | Multi Currency | Convert to MYOB Business for live exchange rates

Convert to MYOB Business for live exchange rates

Never miss a beat (or cent) with live exchange rates. Or nominate a manual rate for specific transactions. No matter what language you speak, you're getting the best deal.

Example of invoice template on mobile phone with invoice number and balance.

Create invoices in 150 currencies

You're in New Zealand, but that shouldn't stop you from doing business overseas. Create and send invoices to customers no matter what country they're in, and see your – and your client's – currency on the same transaction line.

Get more with MYOB Business AccountRight Premier

MYOB Business

AccountRight Premier

For more complex businesses that need multi-currency support.

Explore PremierArrow right
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    Scan and store receipts
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    Unlimited inventory
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    Add payroll for $1.50/month per employee
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    Track time, budgets and jobs
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    Use multiple currencies
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    Unlimited payroll
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    Advanced reporting and analytics
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    Create and send unlimited professional invoices and quotes
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    Connect unlimited bank accounts
From$50.00/month + GST
Save $150 over first 3 months
$100/month + GST after offer period

All your questions answered about MYOB multi-currency software:

What is multi-currency accounting software?


Multi-currency accounting software makes doing business overseas easy. It automates currency conversions in your records, whether you’re buying or selling abroad. It can pull through live changes in exchange rates and ensure that these are reflected in quotes, sales orders, purchase orders and invoices. It can pull through bankfeeds from your international accounts to help you track your cashflow.

What are the benefits of multi-currency accounting software?


Multi-currency accounting software makes exchange rates transparent throughout the transaction process, whether you’re selling to a customer or purchasing from a supplier overseas. Some software (like ours) updates currency conversions in real-time so your records always accurately reflect the market.

Some multi-currency accounting software allows you to set a fixed manual rate for currency conversions to reduce pricing fluctuations and provide a bit more stability. It’ll often pull through bankfeeds from your international accounts so you can keep an eye on money going in and out. 

How do I use multi-currency accounting software?


Of course, your use of multi-currency accounting software will differ depending on the type of software you have. Usually, after enabling the functionality, you can select which currencies you’d like to deal in. Then, you might choose to trade with live exchange rates or set fixed rates.

You might connect an overseas bank account for further transparency over your international trade. Once you’ve got everything in order, you can start buying and selling abroad with conversion rates at your fingertips.

Is there a minimum subscription period?


Nope. And there are no locked-in contracts either. You can cancel your subscription anytime. Once the 12-months + 20% off for 2 years offer period has ended you’ll pay for your software plan on a monthly basis with the peace of mind that you can cancel at any time.

How long does it take to set up?


Just a few minutes - honestly.

  1. Simply choose the software plan right for your business

  2. Sign up and access your software immediately

  3. Once logged in, we’ll give you step-by-step guidance to help you set up and use the features your business needs.

Can I change my software plan later?


You sure can. If your business grows (congrats!) and you need software with a few more features like inventory or payroll, you can upgrade your account in just a few clicks.

Can I migrate my data into MYOB Business software?


Moving from other accounting software to MYOB

You can import your data from Xero, Quickbooks Desktop or Reckon to MYOB with a quick and easy free migration service. We work with a third party to make sure your data is securely moved to your MYOB account.

Moving from an Excel spreadsheet to MYOB

You can follow these easy step-by-step instructions with sample files and templates.