There is one client currency (MW), as well as any number of foreign currencies (FW) with exchange rates. These can be stored with vendors and customers.
The daily exchange rates can be automatically taken over by the ECB. This functionality is included in the Continia OPplus add-on module.
In the system, multi-currency activities can be displayed in financial reports. Furthermore, existing reports can be converted into a reporting currency.
A standard currency (foreign currency) can be specified for customers and suppliers.
The accounts receivable and payable are displayed in both the client currency and the foreign currency in which the transactions were made.
Different exchange rate variants per currency (accounting, budget, tax, calculation, ...) can be maintained in the program.
The foreign currency can be used in G/L accounts with extended functions as standard. The Continia OPplus add-on module can be used to settle items in foreign currency at G/L account level. There is no automatic settlement on the G/L account.
