Interbank Transfers with different currencies

Say you have two bank accounts in different currencies; one is a Kenya Shilling account and the other is a dollar account.

Litebooks allows you to transfer money between the two easily with respect to the prevailing conversion rate. To perform this task, do the following:

• On the menu, go to "Banking"->"Transactions"
• Select the Kenya Shilling bank account
• Click on "Add transaction"->"Transfer to another bank"
• A pop up will appear with the KES bank account on the credit side
• Enter the USD bank account on the debit side
• This will trigger the conversion details to appear with the current conversion rates. You may always edit this and put your custom conversion rate.
• Fill in the remaining details and click "Update Entry"