About Multi-Currency Support

For organizations dealing with international business transactions, Aptify provides the ability to sell products in multiple currencies and receive payment in foreign currencies. The system creates and maintains the necessary foreign exchange information, such as the currency spot rate and the corresponding Exchange Rate Gain and Loss general ledger (GL) entries, to accurately account for these transactions. In addition, for systems used by multiple organizations, an administrator can specify a Functional Currency on a per-organization basis. See Configuring for Foreign Currency Transactions and Understanding Foreign Currency Concepts for more information.


Related Topics

Managing Accounting and Financial Systems Integration

Understanding Accounting and Financial Systems Integration

Managing General Ledger Accounts

Determining GL Accounts for Order, Payment, and Scheduled Transactions

Managing Shipping Charges

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