Allows transactions with foreign customers and suppliers to utilise exchange rates so that they can be processed, in their own currency. All subsequent sales and purchase ledger data can be viewed in both currencies.
Individual customer or supplier transactions can be set to either 'static' or 'dynamic' exchange rates. Exchange rate fluctuation is catered for by means of the integrated 'Currency Profit and Loss' and 'Exchange Difference' analysis codes. These are automatically updated when payments are posted and the exchange rate has changed since the original invoice was raised.
Please contact us for more information on the above features and how they can help your business.
Foreign Currency