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Multi-Currency

Multi-Currency

With globalization, business and trading often use multiple currencies; OpenPro ERP software fully supports transactions across multiple currencies and includes the following capabilities:

  • Transactions in currencies that are different from your accounting currency
  • Revalue transactions
  • Maintain bank accounts with multiple currencies
  • Accurately report multi-currency transactions, including translation of transactions or balances for reporting purposes
  • Ability to account transactions in parallel using different currencies

In other parts of the application, OpenPro supports multi-currency functionality such as currency-specific price lists and preferred customer currency.

By design, a transaction in OpenPro may have one or many accounting currencies. Starting, switching and discontinuing a currency is easy because all accounting currencies are treated the same. OpenPro addresses currency precision requirements of different currencies and locales.

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