Multicurrency Accounting Software

BS1 multicurrency accounting software facilitates buying and selling internationally.

Multicurrency features:

The GL shows revenue and expenses converted from foreign currency. Also foreign currency account balances are converted automatically (AutoForex option) or by auto-reversing JV prior to printing financial statements. Gain or loss due to exchange rate fluctuations is tracked automatically.

The Open Payables report, Aged Payables reports, and AP Invoices list allow currency selection, so you can see how much you owe in each. Similarly the Aged Receivables reports and AR Invoices list show how much is owed to you. These multicurrency reports also show foreign amounts converted.

The AP software has an option to AutoCreate payments for all invoices due for a selected currency.

Foreign inventory purchases are converted when updating inventory costs.

The sales analysis reports, charts and sales history screen show foreign converted using the exchange rates when the invoices were posted.

The purchases history reports, charts and history screen show foreign purchases converted using the exchange rates when the receipts were posted.

The program help and sample data explain the multicurrency accounting software features.

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