/visma-net-erp/help/general-ledger/manage-ledgers/making-reports-in-different-currencies section You will usually report your balance sheets and profit and loss statements in the base currency of your company. 2026-02-19T17:09:06+01:00 # Making reports in different currencies You will usually report your balance sheets and profit and loss statements in the base currency of your company. For international companies, it may be necessary to prepare these reports in other currencies. In Visma Net, you can translate your ledger to a different currency to get the reports needed. ## Create a new reporting ledger for a different currency 1. Go to the [Ledgers (GL201500)](/visma-net-erp/help/general-ledger/general-ledger-windows/ledgers-gl201500/) window. 1. Click  to add a new row. 1. Enter a **ledger ID** and **description** that reflects the currency you will use this ledger for. 1. Select **Balance type** reporting. 1. Select the correct **currency**. 1. Click . ## Defining your translation 1. Go to the **Translate definition** window. 1. Create a **Translation ID** for your new currency ledger. 1. Click  to select your actual ledger as the **Source ledger ID** and newly made reporting ledger as the **Destination ledger ID**. 1. Click  to add a new record and select the accounts and subaccounts to include. 1. Select your preferred **Translation method** and **Rate type**. 1. Select the check box **Active**. 1. Click . ## Processing your translation 1. Go to the **Prepare translations** window. 1. Click  to select the **Period** and **Translation ID**. 1. Click **Create translation**. 1. If necessary, edit any of the amounts. 1. Click **Release**. Now you can select the new reporting ledger when you want to make a report for that currency.