Skip to content
Header Secondary Logo
Header Secondary Logo

Aptean Industrial Manufacturing ERP Traverse Edition - Multicurrency

Aptean Industrial Manufacturing ERP Traverse Edition - Multicurrency

Share

Explore this ERP solution

Aptean Industrial Manufacturing ERP Traverse Edition - Multicurrency

May 6, 2019

Aptean Staff Writer

Headline

  • Develop Productive Relationships With International Customers and Vendors
Market currency

Do Business Easily With International Vendors and Customers

Multicurrency Accounting Software capabilities allow you to develop and maintain productive relationships with international customers and vendors while handling transactions in any number of currencies. Exchange rates are continuously changing, but with Aptean Industrial Manufacturing ERP Traverse Edition Multicurrency Software you can easily manage your accounting procedures by defining as many currencies and rates as you need.

Multicurrecy Software Features:

  • Assign a currency to a customer or vendor to be used when they submit a payment, are invoiced, or are paid.

  • View entire customer and vendor accounts in a foreign currency. You can view all Accounts Payable and Accounts Receivable accounts in your local currency as well as the currency in which the transaction was made.

  • Define an unlimited number of currencies. Add or delete them anytime.

  • Define relational exchange rates in the appropriate format for your location.

  • Specify decimal placement for amounts and unit amounts.

  • Set up periods for specified exchange rates.

  • Track the date and time of the rate changes to assist with audits and to allow for post-transaction entry in an ever-changing currency market.

  • Post and record unrealized gains and losses for sales and purchases.

  • Set up and maintain particular exchange rates for daily transactions and for the adjustment of balance sheet accounts.

  • Control the manner in which foreign currency amounts are rounded and posted to the database.

Want to learn more about how Aptean Industrial Manufacturing ERP Traverse Edition can help your business? Contact us today to chat with one of our experts or schedule a demo.

Start transforming your business today

If you’re ready to take your industrial manufacturing business to the next level, we’d love to help.

Tell us about yourself and an Aptean specialist will be in touch.