PiggyZen Accounting

  This video explains how foreign currency and exchange rates work in accounting. It gives an example of a journal entry with a foreign exchange gain or loss entry. It also shows what you need to do in the PiggyZen online accounting system to work with foreign currency.

  PiggyZen will create most journal entries for you like when you create an invoice or receive a payment. Some transactions are more complex and will require you to create a manual journal entry. Some of these entries will need to be repeated on a monthly or yearly basis. For those entries, you can use the 'duplicate journal entry' feature as shown in this video.