11. Application Differences - Nominal Ledger - Reports Datafile Software Application Differences - Nominal Ledger - Reports Even though you have installed foreign currency, all the standard reports print in the base currency. As such, there are no differences in the nominal ledger reporting procedur... Read More
12. Application Differences - Nominal Ledger - Updates from Other Systems Datafile Software Application Differences - Nominal Ledger - Updates from Other Systems These operate exactly the same as for the standard nominal ledger. However, where updates are made from foreign currency transactions, then the currency valu... Read More
13. Application Differences - Nominal Ledger - Year-End Procedures Datafile Software Application Differences - Nominal Ledger - Year-End Procedures These operate exactly as for the standard ledger, except that when posting income and expenditure accounts to the profit and loss account, the currency values of in... Read More
14. Application Differences - Nominal Ledger Revaluations - Revalue a Nominal Account Datafile Software Application Differences - Nominal Ledger Revaluations - Revalue a Nominal Account This procedure allows accounts to be selected one-by-one for revaluation, ether at the current holding rate or spot rate. Any exchange difference... Read More
15. Application Differences - Nominal Ledger Revaluations - Revalue All Nominal Accounts Datafile Software Application Differences - Nominal Ledger Revaluations - Revalue All Nominal Accounts This option operates as above but allows the ability to revalue all, or selective, nominal accounts for a particular currency in one process r... Read More
16. Application Differences - Cashbook - Account Maintenance Datafile Software Application Differences - Cashbook - Account Maintenance Each account in the cashbook should have a currency allocated to it. In the absence of a currency code being allocated (for example if using the "Account Codes / Names”... Read More
17. Application Differences - Cashbook - Cashbook Transactions Datafile Software Application Differences - Cashbook - Cashbook Transactions Receipt and payment transactions can apply to base currency or foreign currency bank accounts. However, if a foreign currency bank account is used, then only that curre... Read More
18. Application Differences - Cashbook - Bank Reconciliation Datafile Software Application Differences - Cashbook - Bank Reconciliation Foreign bank accounts are automatically reconciled in the currency of the account.... Read More
19. Application Differences - Cashbook - Bank Statements Datafile Software Application Differences - Cashbook - Bank Statements The bank statement option under Bank Reconciliation only prints accounts in the base currency. If you use it on non-base currency accounts, you get a statement printed in the... Read More
20. Application Differences - Invoicer, SOP & POP Applications - Order Processing Order Revaluation Datafile Software Application Differences - Invoicer, SOP & POP Applications - Order Processing Order Revaluation Two options are available to the order processing systems to allow you to revalue the outstanding values on foreign currency or... Read More