Foreign Currency Conversion
This module allows for an unlimited
number of currencies to be tracked in Bassets. Each
asset is assigned a functional currency. Reports
can then be generated in either reporting or functional
currency.
The system allows for monthly exchange rates for
each currency. The exchange rate used in calculations
is determined by the month of acquisition. Additional
functionality is provided to handle Hyper-inflationary
countries. Non Hyper-inflationary countries can utilize
a year-end or weighted average rate.
445 Accounting | Construction in Progress | Expense Allocation | Foreign Currency Conversion | G/L Interface |
Lease Asset Tracker | Units of Production | A/P Import | Barcode Asset Inventory Control | State Tax Reporting
|