1. Application Differences - Sales and Purchase Ledgers - Account Maintenance Datafile Software Application Differences - Sales and Purchase Ledgers - Account Maintenance The currency code to be used for each account must exist as a part of the account maintenance screen design (see installation procedures below). When a n... Read More
2. Application Differences - Sales & Purchase Ledgers - Entering Invoices, Credits and Adjustments Datafile Software Application Differences - Sales & Purchase Ledgers - Entering Invoices, Credits and Adjustments Foreign currency transactions are entered in the currency of the account, but the conversion rate and the base currency values ... Read More
3. Application Differences - Sales & Purchase Ledgers - Entering Payments and Payment Adjustments Datafile Software Application Differences - Sales & Purchase Ledgers - Entering Payments and Payment Adjustments For payments on non-base rate currency accounts, the same total value, exchange rate, converted value and fixed rate questions a... Read More
4. Application Differences - Sales & Purchase Ledgers - Allocating Transactions Datafile Software Application Differences - Sales & Purchase Ledgers - Allocating Transactions Transaction allocation is done in the currency for the account so that an exact match can result. However, although the result of the allocation m... Read More
5. Application Differences - Sales & Purchase Ledgers - Reporting Differences Datafile Software Application Differences - Sales & Purchase Ledgers - Reporting Differences When printing a report or statement in the Sales or Purchase Ledger an additional parameter asks: Report Which Currencies There are three choices he... Read More
6. Application Differences - Sales & Purchase Ledgers - Account Enquiry Datafile Software Application Differences - Sales & Purchase Ledgers - Account Enquiry Although, by default, the transactions are listed in the base currency an additional option is offered to you under the <F7–Options> facilities, to d... Read More
7. Application Differences - Sales & Purchase Ledger Revaluations - Holding Rate Revaluation Datafile Software Application Differences - Sales & Purchase Ledger Revaluations - Holding Rate Revaluation Should a management decision be taken to alter a holding rate, then a holding rate revaluation can be done. This is usually undertake... Read More
8. Application Differences - Sales & Purchase Ledger Revaluations - Spot Rate Revaluation Datafile Software Application Differences - Sales & Purchase Ledger Revaluations - Spot Rate Revaluation Where a spot rate revaluation is required the following steps would normally be taken. Alter the spot rates via the Currency Maintenance... Read More
9. Application Differences - Nominal Ledger - Account Maintenance Datafile Software Application Differences - Nominal Ledger - Account Maintenance Each account in the nominal ledger should have a currency allocated to it. In the absence of a currency code being allocated (for example if using the "New/Amend op... Read More
10. Application Differences - Nominal Ledger - Nominal Transactions Datafile Software Application Differences - Nominal Ledger - Nominal Transactions Nominal journals offer an additional prompt for currency.You can leave this blank, in which case transactions could be in a mix of currencies, or enter a specific ... Read More