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Multi currency

Multicurrency Management in Microsoft Dynamics GP helps take control of multinational operations and manage currency transactions smoothly and efficiently with flexible and powerful multicurrency capabilities.

By extending multicurrency capabilities across Microsoft Dynamics GP, you can increase flexibility and optimize productivity. Give your people the upto- date, safe, and current information that they need to do their jobs, make critical decisions, and act upon information quickly.

Manage multinational operations with ease
Easily comply with international currency standards and work with international clients and vendors while completing financial transactions in numerous currencies.

Define currency for your needs
Use and maintain current exchange rates or define new ones for specific customers or contracts as needed.

Improve control and flexibility
Make it easier for your employees to manage financial statistics and accounting operations while using multiple currencies and dealing with ever-changing exchange rates.

Manage financial efficiency
Control the way you do business on a global scale with complete management of the way you handle multicurrency exchanges, as well as the ability to define as many currencies or rates as you need to do business.

Multicurrency Management Features
Exchange Rate Tracking Track the date and time of exchange rates used in multicurrency transactions to facilitate audits and allow for after-the-fact transaction entry in a changing currency market.
Standards Support Manage multicurrency transactions to international standards for accounting and reporting.
Currency Rate Definition Define an unlimited number of currencies and exchange rates per currency, or set specific rates as needed for individual companies, contracts, or transactions
Customer-Specific Default Set default currency rate, select a different rate, or enter a new rate during transaction entry to handle exceptions as they arise.
Extensible Multicurrency Solutions Extend multicurrency capabilities as needed to the following modules in Microsoft Dynamics GP: General Ledger, Intercompany Transactions, Receivables Management, Bank Reconciliation, Payables Management, Project Accounting, Sales Order, and Purchase Order.
Realized Gains and Losses Automatically track and record realized gains and losses for sales and purchases over the life of transactions due to the effect of currency changes.
Multicurrency Reporting Show multicurrency activity in financial reports or translate existing reports into multiple currencies.
Multicurrency Inquiry Get instant access to the information you need, with multicurrency transactions displaying both originating and functional currencies for financial inquiries.
Click Here for more Information Click Here for Information about Microsoft Dynamics GP Soultions - Multicurrency Management
 
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