Multi-currency Accounting Software


BS1 multi-currency accounting software facilitates buying and selling internationally.

The General Ledger shows revenue and expenses converted from foreign currency to your currency. 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 currency. Similarly the Aged Receivables reports and AR Invoices list show how much is owed to you. These multi-currency reports also show foreign currencies converted to your currency.

Ideally you set up at least one bank account for each of the currencies you deal in. The Bank Book shows transactions and balances for each account.

The accounts payable software has a multi-currency option to AutoCreate payments for all invoices due for a selected currency.

The default selling price is (optionally) automatically converted to the customer's currency.

Foreign currency inventory purchases are converted to your currency when updating inventory costs.

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

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

The sample data illustrates multi-currency accounting.



BS1 Enterprise Accounting - ERP, Inventory, Distribution Software $339
BS1 Enterprise Accounting with Manufacturing - ERP, Inventory, Distribution, Manufacturing Software $499
BS1 Accounting - AP, AR, GL, Inventory Software $129
BS1 Professional Time Billing - Accounting Software with Time Billing $159




BS1 (Business System 1) is a trademark of Davis Software
Copyright 1997 - 2017 Davis Software





BS1 Enterprise
BS1 Accounting
BS1 Professional
Source Code
Customization

Accounts Payable
Accounts Receivable
General Ledger
Inventory
Sales Orders
Purchase Orders
Manufacturing
Time Billing

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