4. Alignment.
Currency format: ......$12.00 (dollar sign next to number) Accounting format: $......12.00 (dollar sign at left margin of cell)
Accounting format align all the currency symbols at the left edge of the cell while Currency format align all the currency symbols them next to the number. Accounting shows a dash for zero value, Currency shows an actual zero. The actual difference is Currency has: #,##0.00_);(#,##0.00) Accounting has: _(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_) ; SANJAY KISHORE
The final Category was U.S. Currency
The accounting format sets the figures into currency and sets their alignment in a standard way so that the currency symbol is always positioned in the same place as it is in all values. Currency format always puts the currency symbol right beside the numbers, so they are not always in the same position in relation to the other figures.
IF you need a currency converter in accounting package then you can use tally. they will modify the software according to you. http://tallysolutions.com/newwebsite/html/index.html http://www.fxconverter.org/
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The currency and accounting formats can do that. As there are many currencies in the world, in different countries where the dollar is not used, a computer can be set to use a different currency symbol and it can also be done directly in Excel. So setting the cell format to currency or accounting format doesn't always put a dollar sign before the numbers.
You have to go into the accounting software settings to select currency changes.
currency held in bank vaults.
You can use Currency or Accounting. Both are acceptable. Currency would be more commonly used.
Currency ETFs stands for currency exchange-traded funds. http://etf.stock-encyclopedia.com/category/currency-etfs.html contains a full list of currency ETFs, which are split into sub sections.
In the Accounting style, the numbers are in black when negative, compared to having the option of having them red in Currency when they are negative.