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Be able to Transact Business in Multiple Currencies

With increasingly global trade comes the requirement to be able to transact business in multiple currencies. Explorer Contract Manager.cs can process Accounts Payable and Accounts Receivable, Asphalt and Aggregate Scale Ticket invoices in any currency you require.

Contract Manager's multi-currency and analysis capabilities optimize your international opportunities. You can maintain an unlimited number of currencies and exchange rate schedules, giving you the ability to update exchange rates daily and post realized and unrealized gains or losses due to currency fluctuations.

An invoice may be carried in Accounts Payable in one currency and ultimately paid in a different currency. The balance is displayed in the home currency, and the currency exchange amount is recorded automatically to balance the transaction.

An AP Trial Balance report or inquiry showing this transaction can be produced in either the foreign currency or home currency as desired. When the invoice is paid, any gain or loss arising from a change in the exchange rate is automatically recorded. Any number of foreign currencies can be accounted for.

  • Setup bank accounts and enter transactions in currencies other
    than your home currency
  • Override exchange rates on a transaction basis
  • Transfer cash between bank
    accounts with different currencies
  • Import electronic bank files of
    cleared transactions and automatically reconcile

 

 

 

 

 

 

 

 


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