What are Multi-Currency Transactions?
Multi-Currency Transactions enable businesses to manage sales, purchases, and accounting operations in different currencies, making global trade and international business seamless.
Key Features of Multi-Currency Transactions
- Multiple Currency Support – Record transactions in any currency.
- Automatic Exchange Rate Updates – Fetch real-time exchange rates or set them manually.
- Multi-Currency Invoicing – Create and manage invoices in customer-preferred currencies.
- Foreign Vendor Payments – Pay suppliers using their local currency.
- Currency Conversion – Automatic conversion for reports and reconciliations.
- Gain/Loss Calculation – Automatically calculate exchange rate differences.
- Multi-Currency Reporting – View financial reports in both base and foreign currencies.
- Bank Reconciliation – Match foreign currency payments with bank statements.
- Audit Trail – Maintain full transparency on currency conversions.
- Seamless Integration – Works across Sales, Purchase, Expense, and Accounting modules.
✅ With Odex Multi-Currency Transactions, you can confidently manage international operations, eliminate manual conversions, and maintain accurate global financial records.
