Foreign currencies
Foreign currency statements in POHODA: EUR, USD, CNB rate
A euro or dollar account has rules of its own in POHODA: the movement carries the foreign amount and the rate that converts it. Here is what to set so the amounts post correctly, and where the difference usually comes from.
2 min readUpdated
A foreign currency account needs its own bank account in POHODA
Each currency is kept as a separate bank account with its own currency. So do not load a EUR statement into a CZK account or the other way round. For payment services such as Revolut or Wise that hold several currencies at once, create an account for each currency you use.
Which format to choose
In practice ABO (GPC) is a CZK format and does not suit foreign currencies. For EUR and USD use MultiCash if your Homebanking service reads it, or POHODA XML, which carries the currency and rate directly on each transaction.
The CNB rate for the transaction date
The CZK value of a foreign currency transaction is calculated from the amount, quantity and rate: the foreign currency amount divided by the quantity and multiplied by the rate. The Czech National Bank (CNB) publishes rates on working days; for weekends and holidays the last published rate applies.
When VýpisFlow creates POHODA XML for a foreign currency statement, it adds the CNB rate valid for the booking date to every transaction. POHODA can then book the transaction without its own rate list for those days.
Steps for a EUR statement
- In Nastavení / Bankovní účty (Settings / Bank accounts) check the EUR account and its code.
- Upload the PDF statement to VýpisFlow and confirm EUR as the currency.
- Check the transactions and balances in the statement currency.
- Choose POHODA XML, fill in the account code and company ID (IČO) and download the file.
- After the import, compare the closing balance in EUR and spot-check the conversion to CZK.
What to watch out for
- POHODA handles exchange differences on document payments according to your settings; discuss how to book them with your accountant.
- If the rate for a date cannot be loaded, the transaction is exported without a rate and the conversion follows the rate settings in your POHODA.
- Do not change the statement or account currency just to get the import through.
Frequently asked questions
Which CNB rate is used for a weekend transaction?
The last rate the CNB published before that date, usually the rate from the previous working day.
Does VýpisFlow add the rate to MultiCash too?
No. The rate is added to POHODA XML. MultiCash carries amounts and balances in the statement currency.
Can I put EUR and USD into one file?
No. Each currency is a separate statement and belongs to a separate account. A batch conversion gives you a file for each currency.
Convert a statement
VýpisFlow converts PDF, CAMT.053, MT940, ABO/GPC, CSV and XLS into POHODA XML, GPC/ABO or MultiCash and checks the balances before download.
Open the statement converter