Enable Multi-Currency in Tally Prime: Step-by-Step [2026]
Enable Multi-Currency in Tally Prime: Step-by-Step [2026]
Enable and configure multi-currency in Tally Prime. Step-by-step setup for foreign exchange rates, export/import billing, and forex gain/loss adjustments.
Who is this for: Tally Configuration SOP
Quick Answer: How to Enable and Use Multi-Currency in Tally Prime?
Enable Multi-Currency in F11 Features, create foreign currency masters (USD, EUR, GBP) under Gateway of Tally > Create > Currency, and define daily Buying/Selling Rates of Exchange. When booking sales or purchase vouchers, enter foreign amounts; Tally computes base INR equivalents automatically.
- F11 Statutory Features enables multi-currency support across all vouchers.
- Buying and selling exchange rates are defined daily under Alter > Rates of Exchange.
- Tally automatically converts foreign currency entries to base INR ledgers.
- Unadjusted Forex Gain/Loss is settled via Journal Vouchers (F7) during closing.
1. 4-Step Multi-Currency Setup in Tally Prime
- Enable Feature: Press F11 in Gateway of Tally and set 'Enable Multi-Currency' to Yes.
- Create Currency Masters: Go to Create > Currency. Input Symbol ($), Name (US Dollar), and Code (USD).
- Define Exchange Rates: Go to Alter > Rates of Exchange. Set daily Buying and Selling exchange rates.
- Record Foreign Vouchers: In Sales/Purchase vouchers, enter amount with symbol ($10,000); Tally auto-converts to INR.
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