Can I have accounts in other currencies?

Moneylab connects to financial accounts in many different currencies and allows you to add manual accounts, assets and liabilities in different currencies.

And all your foreign account balances and transactions are converted to your preferred currency. Your preferred currency is selected during the registration and set-up of your Moneylab account. Foreign account balances are converted to your preferred currency at the daily exchange rate and foreign transaction amounts are converted to your preferred currency using the exchange rate at the transaction date.

The original amounts of foreign account balances and transactions are available when you access your foreign accounts and transactions. But we use the preferred currency amount throughout the Moneylab features, for things like Net Worth, Budget, Cashflow and Spending Reports.

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