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Multi Currency Bank Accounts

  • KashFlow Product Manager
  • Jan 10 2017
  • Future Consideration
  • Jun 19, 2019

    Admin Response

    We currently have several candidates relating to the bank area within KashFlow (such as Open Banking) which will vastly improve your experience with KashFlow software. These first require implementation before we can look at introducing multi currency. Multi currency is an extremely large and complex job which touches all areas of the system and if we decide to implement it, we want to make sure we get it right first time. With that in mind we are implementing other improvements to the bank section and will then review multi currency bankfeeds & bank accounts again in the future. Thanks.

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  • M W commented
    19 Jun, 2019 03:00pm

    I won't lie that's very disappointing. We all thought this was on the roadmap, now it'll be years if every... 

    I think we all appreciate that this is a big job, but the priority must be at the top of new features - this is a basic requirement from so many business in 2019 

  • Jon Cohen commented
    19 Jun, 2019 02:32pm

    We have been voting on this for years it is clearly too difficult - time to move to xero

  • Anonymous commented
    19 Jun, 2019 01:39pm

    Excellent - I hope this turns into reality!

  • Peter Miller Smith commented
    19 Jun, 2019 01:16pm

    What does 'Future Consideration' actually mean. Do I detect that this feature is being kicked down the road yet again? Given the number of votes on this shouldn't there be a more detailed explanation of KashFlow's position on this.  

  • Steve commented
    19 Jun, 2019 01:03pm

    You just changed the status to future consideration??? You are supposed to be introducing this feature by the late 2019 as you stated below. How can you be considering it if you already planned to implement it? 

  • Katharina Sailer commented
    19 Jun, 2019 12:54pm

    Can you please explain what you mean with ���future consideration���? We are waiting for an update from you on this since end 2018. (���We are currently actively investigating how we can implement this feature into KashFlow and we will provide a further update towards the end of the year.��� Admin response 26 Oct 2018.)

  • Peter Miller Smith commented
    1 Jun, 2019 10:35am

    The latest post from Kashflow on this much requested enhancement was "Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change." So Kashflow peeps can you update us on the current position and whether late 2019 is, in fact, achievable? 

  • Peter Miller Smith commented
    1 Jun, 2019 10:32am

    "Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change." So how are you getting on with the planning of this. Are you confident late 2019 will be achieved?

  • Kelson Campbell commented
    13 May, 2019 09:30am

    I also need some currencies that are not on the system Bosnian Mark being the key one, can this be added to my list of currencies ?

  • David Pattinson commented
    1 Apr, 2019 08:52am

    Will be acting on behalf of a client that deals mostly with the USA and EU and has multi-currencies bank accounts, if Kasflow does not implement this feature soon, VAT returns will show incorrect Nett figures when submitting them through MTD, and businesses will not be able to use this software when MTD for income/corporation tax is mandatory. Please consider improving your software so that more business will use it.

  • Rafal Tomaszewski commented
    6 Mar, 2019 05:22pm

    This is unacceptable that the feature multicurrency for bank feeds is not yet incorporated. This is a very simple task to do.

  • Anonymous commented
    23 Feb, 2019 06:32pm

    Not sure that will be great enough for us, already looking at moving. 

  • Stuart commented
    22 Feb, 2019 04:39pm

    @Julie Shepherd 

     

    Please can you ask the dev team to include the option to define how many decimal places a currency has.  Cryptocurrencies can have up to 18 (although 10 should be enough).  HMRC have published guidelines on how they are treated.

    Thanks.

  • Julie Shepherd commented
    22 Feb, 2019 03:44pm

    Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change.


  • ali grief commented
    21 Feb, 2019 11:19am

    Ahh that’s a shame, we have had to seek an alternative system due to this. What is the development time?

    Thanks,

    Alison Grief

    Financial Director

    M +44 (0)7736 688395

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    ______________________________

    Ferrari Group | a brilliant delivery

  • J Narain commented
    21 Feb, 2019 10:19am

    They took to long.  This is kash flow all over. Way to slow to even respond. 2 years later they changed it to planned! lol! madness 

  • Nick Dawson commented
    20 Feb, 2019 03:43pm

    I am about to switch to another provider who has the feature – can you tell me when when you expect this in Kashflow as I would prefer to stay put if possible

  • Alistair Warwick commented
    20 Feb, 2019 03:43pm

    Thanks for changing this status to "Planned".

  • Peter Miller Smith commented
    20 Feb, 2019 03:06pm

    About time too! The 'end of the year' has passed so it would be very welcome indeed to hear the "what and when". We really do need this implemented asap.

  • Guest commented
    30 Jan, 2019 02:57pm

    at the moment your poor accountants have to manually send our invoices out in USD and EUR each month, come on guys, please get this sorted!

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