Accpac does a good job at converting Forex into Source and Home currency values based on the rates.

However everywhere in the system where the end users look it only shows the Source Currency (EG USD) and the rate used, it does not show the Home in my case NZD Values.

We have had on several occasions users bugger up the system because they put the wrong rate in, they put in the multiple rate eg 1.4 instead of the divide rate that we use which is roughly .7.

Particularly with stock if they get this wrong and post transactions things end up in a fair mess.

This could be easily resolved by on the rates or totals tabs also showing the Home Currency value based on the Source Currency X the Rate, all of this stuff is stored in the database but funnily enough is not available in the finder either.

Clients generally know what the value is that they are expecting in their home currency and if that was more transparent it would solve a lot of heartache later.

Clients usually work it out when they goto pay something in AP or receipt the money in AR and go hang on this doesn't add up any more............then we get involved trying to unravel it all...

by: Kerry J. | over a year ago | General Enhancements