Multicurrency Management
Efficiently comply with international currency standards, instantly adjust to changing rates and conditions, and enable employees to manage statistics and accounting operations with minimal administrative effort.
• Realize gains and losses for sales and purchases to automatically track the effect of currency changes over the life of a transaction.
• Get immediate insight into international business performance with customizable financial reports.
• Simplify transaction processing and improve its quality with default rates for specific customers, vendors or accounts.
• Facilitate audits and allow for after-the-fact transaction entry by tracking time and date of exchange rates.
• Extend multicurrency capabilities as needed to General Ledger, Intercompany, Receivables and Payables, Bank Reconciliation, and other financial management applications.