FinancePlus > Accounting Features > Foreign Currency Handling
Management Info Foreign Currencies Inventory Sales Card File Cashbook General Ledger Internet CRM interaction Australian GST Pricing Matrix		In today’s global economy many businesses, both small and large, look beyond their traditional domestic markets to overseas markets for the sale of their products and services, or purchase from overseas suppliers who require settlement in foreign currencies. This was the driving force behind the incorporation of foreign currency handling within FinancePlus as a standard, fully integrated feature across all modules. Managing Your FX Exposure Managing your foreign currency exposure is simple in FinancePlus. Both the Aged Debtors and Creditors tables can be sorted by currency to assess the exposure to a particular currency at any time. You can see the timing of your exposure based on the aging of both the payables and receivable. Both your real exposure (the currency value) and your overall booking value (the A$ equivalent) assist you in making valued judgements about your currency exposure when currency markets move. Foreign Currency Features Sell in Foreign Currencies Purchase in Foreign Currencies Can sell in any currency to any customer Operate & reconcile Foreign Currency bank accounts Maintain Foreign Currency price lists Transaction details store both Foreign Currency and Local Currency Show Receivables by currency Show Payables by currency Automatic Gain/Loss adjustment upon settling foreign currency liability with local currency amount.   More Information: View the Foreign Currency Infosheet (Adobe Acrobat required) Screenshots: Making a foreign currency payment, Revaluing foreign currency bank accounts View the Foreign Currency Screencam (Lotus Screencam player required) Contact FinancePlus for more information help
Home | News | Accounting| Demonstrations | Contact Us | Technical Support (c) 2000-2007 FinancePlus Software Pty Ltd.  All rights reserved.  All information subject to change without notice.  Contact the webmaster: webmaster@financeplus.com.au Accounting software designed to manage your business.