21. 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
22. 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
23. Cashbook Datafile Software Cashbook As with the nominal ledger, the essence of the foreign currency cashbook is that all transactions are converted to base currency values. However, account balance and transaction details are also held in the foreign c... Read More
24. 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
25. 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
26. 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
27. 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
28. Stock Control Datafile Software Stock Control The stock control system essentially works in the base currency.Where stock movements are created through the sales and purchase order processing systems, and are processed in the currency of the account, then t... Read More
29. 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 forei... Read More
30. 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