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Define Rate of Exchange for Foreign Currency in Tally e-Billing

For each foreign currency you create, you can maintain the standard, buying, and selling exchange rates used for currency conversion in transactions.

1. From Gateway > click Chart of Accounts > click Accounting Masters > and then click Rate of Exchange.
2. In the Rate of Exchange screen, click Create.
3. In the New Rate of Exchange screen, select the Currency.
4. Set the AD Date.
   The Miti date will set accordingly.
5. Define the Standard Rate, Selling Rate, and Buying Rate for the currency.
   
6. Click Create Rate.