How to create Exchange Gain/Loss accounts in Metro's Chart of Accounts?

​ In Metro, to create Exchange Gain/Loss accounts in Metro's Chart of Accounts, follow these steps:

1) Go to the 'Accounting' module.


2) Adding or Deleting Charts of Account.

While you can edit existing accounts within the initial onboarding stage, adding or deleting charts of account isn't available here. To manage these actions, navigate to the main Charts of Account section within your accounting software. Here's the typical path: Click Here

Create two separate accounts:

  • One for Exchange Gain

  • One for Exchange Loss

A. For Exchange Gain:

FieldValue
Account NameExchange Gain
Account Code769000 (you can use custom code)
TypeIncome
Default TaxesLeave blank
Allow Reconciliation✅ Enable (Optional)

B. For Exchange Loss:

FieldValue
Account NameExchange Loss
Account Code669000 (custom as needed)
TypeExpense
Default TaxesLeave blank
Allow Reconciliation✅ Enable (Optional)

Configure Currency Gain/Loss Accounts


3) Once the accounts are created: Go to Accounting > Configuration > Settings


4) Search Currency.

In the Gain Account, select your Exchange Gain account

In the Loss Account, select your Exchange Loss account


5) Save the settings.



To get more details to how to create Exchange Gain/Loss accounts in Metro's Chart of Accounts, please do 
contact us at  support@metrogroup.solutions