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Microsoft Dynamics GP - Great Plains Multi Currency
Take control of multinational operations and manage currency transactions smoothly and efficiently
with flexible, powerful multicurrency capabilities.
Manage Multinational Operations with Ease
Easily comply with international currency standards and work with international
clients and vendors while completing financial transactions in numerous currencies.
Define Currency for Your Needs
Use and maintain current exchange rates or define new ones for specific customers
or contracts as needed to meet your business requirements.
Improve Efficiency for Financial Management
Make it easier for your employees to manage financial statistics and accounting
operations while using multiple currencies and dealing with ever-changing exchange
rates.
Maintain Financial Flexibility
Control the way you do business on a global scale with complete management over
the way you manage multicurrency exchanges, with the ability to define as many currencies
or rates as you need to do business.
Comprehensive Multicurrency Capabilities
Take care of all of your multicurrency needs in one solution, with complete currency
and exchange rate control, plus the ability to extend these capabilities to other
Microsoft Business Solutions applications.
Multicurrency Management Features List
- Exchange Rate Tracking: Track the date and time of exchange rates used in multicurrency
transactions to facilitate audits and allow for after-the-fact transaction entry
in a changing currency market.
- Standards Support: Manage multicurrency transactions to international standards
for accounting and reporting, with adherence to FASB-52 and BASDA standards.
- Currency Rate Definition: Define an unlimited number of currencies and exchange
rates per currency or set specific rates as needed for individual companies, contracts,
or transactions.
- Customer-Specific Default: Set default currency rates for specific customers, vendors,
or accounts for fast and error-free transactions. Select a different rate or enter
a new rate during transaction entry to handle exceptions as they arise.
- Extensible Multicurrency Solutions: Extend multicurrency capabilities as needed
to Microsoft Business Solutions–Great Plains® General Ledger, Intercompany, Receivables,
Bank Reconciliation, Payables, Project Accounting, Sales Order, and Purchase Order
applications.
- Realized Gains and Losses: Automatically track and record realized gains and losses
for sales and purchases over the life of transactions due to the effect of currency
changes.
- Multicurrency Reporting: Show multicurrency activity in financial reports or translate
existing reports into multiple currencies to share information with associates around
the world.
- Multicurrency Inquiry: Get instant access to the information you need, with multicurrency
transactions showing both originating and functional currencies for financial inquiries.
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