Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Below is a sample of a section of the System Accounts - showing that they are mapped for every currency and in this example all mapped to the same income account.

Image RemovedImage Added

 

 

Exchange Rates

...

By selecting a date in the Calendar Control and clicking the Refresh button , the visible list will show the known exchange rates as at that date/time. By default, the current date/time is used.

Image RemovedImage Added

 

 

Viewing History

...

These numbers should be slightly different depending on your banks markup on the currency. This data is NOT designed to be the actual cost of exchange, rather a guideline for your expected income. Most businesses will hold the foreign currency until the local currency is doing well, then convert a lump sum to make a profit on the exchange and to also avoid bank exchange fees for small amounts.
You only need to enter the values that have changed, any blank fields will not be altered.

 

Image RemovedImage Added

 

 

FX Contract Example

...