Live Chat
.png)
Discover new insights
Learn
.png)
Multi Currency
Create Purchase Orders in multiple currencies when dealing with international suppliers.
by Joblogic Marketplace
The multi-currency app simplifies dealing with international suppliers and multi-currency transactions when raising purchase orders. The app calculates currency conversions for you, eliminating the need to convert the currency manually and removing the risk of errors. This time-saving feature allows you to speed up the PO process when purchasing from international suppliers, making your operations more efficient.
The app also provides access to four reports, which are designed to help you monitor Exchange Rates and how they impact your Purchase Orders.
These reports include:
- Purchase Order Exchange Rate Difference - Summary
- Purchase Order Exchange Rate Difference Line Wise - Detailed
- Purchase Order GRN Exchange Rate Difference Line Wise - Detailed
- Purchase Order GRN Exchange Rate Difference
Key Benefit Include:
- Increased Flexibility: Allows users to manage POs and supplier invoices for international suppliers across multiple currencies.
- Improved Accuracy: Ensures accurate currency conversions, reducing the risk of errors in financial transactions.
- Enhanced Productivity: Streamlines handling multi-currency transactions, saving time and effort.
- Cost Savings: The app minimises the number of manual calculations and potential errors, leading to significant cost savings in managing international purchases.
01
Multiple Currency Support
Create and manage customers, suppliers, and jobs in different currencies.
Set a default currency for each customer or supplier for consistent pricing.
02
Live Exchange Rate Updates
Automatically fetch and apply up-to-date exchange rates.
Option to manually override rates for agreed pricing.
03
Multi-Currency Invoicing & Purchasing
Generate invoices, quotes, and purchase orders in the selected currency.
Display both foreign currency amounts and home currency equivalents for clarity.
04
Accurate Financial Reporting
View revenue, costs, and margins in both the transaction currency and your base currency.
Filter financial reports by currency to analyse international operations.
05
Seamless Back-Office Integration
Multi-currency values flow through to accounts, job costing, and supplier invoice processing.
Works with integrated accounting platforms that support multiple currencies.
06
Flexible Payment Handling
Record payments in the same currency as the invoice.
Automatically calculate and track currency gains/losses for accounting accuracy.
07
User-Friendly Setup
Enable multi-currency for your account with simple configuration.
Manage active currencies from a centralised list with country and symbol display.
08
Secure & Compliant
Built to comply with accounting and reporting standards for international transactions.
Ensures accurate conversion and record-keeping for audits.
Price available on Request
If you prefer reading, we’ve got you covered! Check out our User Guide here.
Version
1.0.0
Categories
Finance and Billing
Recommended for
Finance Team
You May Also Like
The multi-currency app simplifies dealing with international suppliers and multi-currency transactions when raising purchase orders. The app calculates currency conversions for you, eliminating the need to convert the currency manually and removing the risk of errors. This time-saving feature allows you to speed up the PO process when purchasing from international suppliers, making your operations more efficient.
The app also provides access to four reports, which are designed to help you monitor Exchange Rates and how they impact your Purchase Orders.
These reports include:
- Purchase Order Exchange Rate Difference - Summary
- Purchase Order Exchange Rate Difference Line Wise - Detailed
- Purchase Order GRN Exchange Rate Difference Line Wise - Detailed
- Purchase Order GRN Exchange Rate Difference
Key Benefit Include:
- Increased Flexibility: Allows users to manage POs and supplier invoices for international suppliers across multiple currencies.
- Improved Accuracy: Ensures accurate currency conversions, reducing the risk of errors in financial transactions.
- Enhanced Productivity: Streamlines handling multi-currency transactions, saving time and effort.
- Cost Savings: The app minimises the number of manual calculations and potential errors, leading to significant cost savings in managing international purchases.
01
Multiple Currency Support
Create and manage customers, suppliers, and jobs in different currencies.
Set a default currency for each customer or supplier for consistent pricing.
02
Live Exchange Rate Updates
Automatically fetch and apply up-to-date exchange rates.
Option to manually override rates for agreed pricing.
03
Multi-Currency Invoicing & Purchasing
Generate invoices, quotes, and purchase orders in the selected currency.
Display both foreign currency amounts and home currency equivalents for clarity.
04
Accurate Financial Reporting
View revenue, costs, and margins in both the transaction currency and your base currency.
Filter financial reports by currency to analyse international operations.
05
Seamless Back-Office Integration
Multi-currency values flow through to accounts, job costing, and supplier invoice processing.
Works with integrated accounting platforms that support multiple currencies.
06
Flexible Payment Handling
Record payments in the same currency as the invoice.
Automatically calculate and track currency gains/losses for accounting accuracy.
07
User-Friendly Setup
Enable multi-currency for your account with simple configuration.
Manage active currencies from a centralised list with country and symbol display.
08
Secure & Compliant
Built to comply with accounting and reporting standards for international transactions.
Ensures accurate conversion and record-keeping for audits.
Price available on Request
If you prefer reading, we’ve got you covered! Check out our User Guide here.
Version
1.0.0
Categories
Finance and Billing
Recommended for
Finance Team
You May Also Like
What is the Multi-Currency feature in Joblogic?
Who should use Multi-Currency?
What can I do with Multi-Currency?
How are exchange rates handled?
Can I set a default currency for a customer or supplier?
Will reports show amounts in my base currency?
Does this work with my accounting integration?
Can I change the currency once a transaction is created?