Home » Categories » Solutions by Business Process » Finance » Currency

Invoicer, SOP and POP Applications

Datafile Software

Invoicer, SOP and POP Applications

In all three of these programs it is assumed that the values entered are in the currency of the account. When the sales or purchase ledger is posted after printing an invoice, then the foreign currency values are posted to the sales or purchase ledger as appropriate and base currency values calculated to complete the transaction posting in the base currency. Conversion either takes place at the holding rate, or at the spot rate for the date which is the invoice date (if the spot rate history feature is implemented).

You may be offered the chance to change the currency rate at the time a document is prepared. Other than this there is little operational difference in the applications.

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Maintain Currency
Viewed 1213 times since Tue, Jun 26, 2012
Application Differences - Sales & Purchase Ledgers - Entering Payments and Payment Adjustments
Viewed 1243 times since Tue, Jun 26, 2012
Converting Exisiting Ledgers - Stock Control - Screen Design
Viewed 1327 times since Tue, Jun 26, 2012
Converting Existing Ledgers - Stock Control - Database Profiles
Viewed 1297 times since Tue, Jun 26, 2012
Application Differences - Sales and Purchase Ledgers - Account Maintenance
Viewed 1164 times since Mon, Jun 25, 2012
Converting Existing Ledgers - Stock Control - Database Changes
Viewed 1338 times since Tue, Jun 26, 2012
Converting Existing Ledgers - Order Processing - Database Changes
Viewed 1421 times since Tue, Jun 26, 2012
Application Differences - Sales & Purchase Ledgers - Account Enquiry
Viewed 1195 times since Tue, Jun 26, 2012
Application Differences - Cashbook - Cashbook Transactions
Viewed 1427 times since Tue, Jun 26, 2012
Converting Existing Ledgers - Nominal & Cashbook - Menu Design
Viewed 1394 times since Tue, Jun 26, 2012