Currencies Missing in DATABASICS

DATABASICS allows customers to maintain an unlimited number of currencies in the application, this supports the most complex multi company / multi currency logic. The customer defines Currencies as part of the implementation and can maintain according

For Time currency can be maintained for Cost and Bill rate purposes, including supporting multi currency project cost accounting and Journal Entry postings.

For Expense DATABASICS also support converting transaction currencies to the appropriate accounting as well as reimbursement currencies according to customer requirements.

DATABASICS partners with Oanda to provide currency exchange rates for inter company accounting logic as well as supporting reimbursable expenses. Currency rates automatically applied are limited to those offered by our currency partner.

 

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